Powell Industries, Inc. (NASDAQ:POWL) Q1 2021 Earnings Conference Call February 3, 2021 11:00 AM ET Company Participants Ryan Coleman - Investor Relations Brett Cope - Chairman and Chief Executive Officer Mike Metcalf - Chief Financial Officer Conference Call Participants Jon Braatz - Kansas City Capital John Franzreb - Sidoti & Company Operator Good morning and welcome to the Powell Industries Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to tu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-12488 Powell Industries, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpor ...

Powell Industries, Inc. (NASDAQ:POWL) Q4 2020 Earnings Conference Call December 9, 2020 11:00 AM ET Company Participants Ryan Coleman - Alpha IR Group Brett Cope - President and CEO Michael Metcalf - EVP and CFO Conference Call Participants John Franzreb - Sidoti & Company Jon Braatz - Kansas City Capital John Deysher - Pinnacle Operator Good morning and welcome to the Powell Industries Fiscal 2020 Fourth Quarter Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] ...

Powell Industries, Inc. (NASDAQ:POWL) Q3 2020 Earnings Conference Call August 5, 2020 11:11 AM ET Company Participants Zach Vaughan - Vice President, Dennard Lascar Investor Relations Brett Cope - President and Chief Executive Officer Michael Metcalf - Executive Vice President, Chief Financial Officer, Secretary, and Treasurer Conference Call Participants John Franzreb - Sidoti & Company Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Powell Industries Third Quarte ...

Main Title Here Powell Industries, Inc. August 2020 P POWELL Powered by Safety® Forward Looking Statements Any forward looking statements made during or in connection with this presentation are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainty in that actual results may differ materially from those projected in the forward looking statements. These risks and uncertain ...

Powell Industries, Inc. (NASDAQ:POWL) Q2 2020 Earnings Conference Call May 6, 2020 11:00 AM ET Company Participants Zach Vaughan - Dennard Lascar, IR Brett Cope - Chairman & CEO Mike Metcalf - CFO Conference Call Participants John Franzreb - Sidoti & Company Pete Lucas - CJS Securities Jon Braatz - Kansas City Capital Operator Welcome to Powell Industries Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal pr ...

Financial Data and Key Metrics Changes - Revenues increased by $134 million in the first quarter, representing a 23% increase compared to the first quarter of fiscal 2019 [9] - Net income improved to $2.8 million from a net loss of $2.7 million in the prior year [9][21] - Gross profit increased by $7 million to $22 million, with gross profit as a percentage of revenues rising by 290 basis points to 16% [20] - Selling, general and administrative expenses were $17 million, up by $1 million year-over-year, but as a percentage of revenues, it decreased by 190 basis points to 13% [21] Business Line Data and Key Metrics Changes - Domestic revenues increased by $16 million or 18% to $106 million, driven primarily by strong demand in the oil, gas, and petrochemical sectors, which saw a 30% revenue increase [19] - International revenues rose by $9 million to $28 million, reflecting growth from foreign operations and export shipments [20] Market Data and Key Metrics Changes - Inquiry activity has been active, with a focus on larger projects, although there has been a pushback in schedules for midsized projects in the $3 million to $10 million range [11] - The Gulf Coast region remains a key area for project activity, supported by low-priced natural gas [12] Company Strategy and Development Direction - The company aims to fill open capacity in the second half of fiscal 2020 while managing delays in customer timelines for midsized projects [15] - Investments in R&D programs and employee development are prioritized to maintain technological leadership in electrical distribution products [13][14] - The company is exploring opportunities in commercial markets to offset cyclical nature in core end markets [44] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding production capacity in the second half of 2020, despite challenges in the inquiry levels for smaller to midsized projects [15][24] - The company anticipates variability across quarterly results due to project timing and market conditions [24] Other Important Information - The company booked $137 million in new orders during the quarter, including a significant municipal contract in Canada [10] - Cash and short-term investments at the end of the first quarter totaled $121 million, an increase of $50 million year-over-year [23] Q&A Session Summary Question: Inquiry about gross margin drop - Management indicated that project pricing and margins in the backlog are flat, with seasonal impacts contributing to the drop in gross margin [30] Question: R&D spending expectations - Management acknowledged a slower start in R&D spending but remains committed to ramping up efforts in the second quarter [31][32] Question: Size and margin profile of large order - The large order exceeds $100 million, with competitive pricing in line with recent trends [34] Question: Reasons for delays in midsized projects - Management noted a consensus of a temporary pause in the market without a long-term fundamental driver [37] Question: Backlog liquidation schedule - Approximately two-thirds of the backlog is scheduled to liquidate within the year [39]

Powell Industries, Inc. (NASDAQ:POWL) Q4 2019 Earnings Conference Call December 5, 2019 11:00 AM ET Company Participants Zach Vaughan - Dennard Lascar, Investor Relations Brett Cope - Chief Executive Officer Mike Metcalf - Chief Financial Officer Conference Call Participants Jonathan Tanwanteng - CJS Securities John Deysher - Bertolet Capital Trust Operator Greetings and welcome to the Powell Industries' Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and ...

Powell Industries, Inc. (NASDAQ:POWL) Q3 2019 Earnings Conference Call August 7, 2019 11:00 AM ET Company Participants Zach Vaughan - Dennard Lascar, Investor Relations Brett Cope - Chief Executive Officer Mike Metcalf - Chief Financial Officer Conference Call Participants John Franzreb - Sidoti Stefanos Crist - CJS Securities Jon Braatz - Kansas City Capital Operator Greetings and welcome to the Powell Industries' Third Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-o ...

Powell Industries, Inc. (NASDAQ:POWL) Q2 2019 Earnings Conference Call May 8, 2019 11:00 AM ET Company Participants Mark Roberson - Dennard Lascar, Investor Relations Brett Cope - CEO Mike Metcalf - EVP, CFO Conference Call Participants Pete Lukas - CJS Securities John Franzreb - Sidoti & Company Jon Braatz - Kansas City Capital Operator Greetings, and welcome to the Powell Industries Second Quarter 2019 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It's ...