NasdaqGS:POWLElectrical
Why Powell Industries (POWL) Is Up 10.3% After Record Q2 Backlog And Landmark AI Data Center Deal
Powell Industries recently reported its fiscal second-quarter 2026 results, with sales of US$296.62 million, net income of US$45.89 million, a record US$1.80 billion backlog supported by US$490 million of new orders, and the Board declaring a US$0.09 per-share quarterly dividend payable on June 17, 2026.
A key highlight was the award, after quarter-end, of the largest order in the company’s history, a first-phase greenfield data center contract valued at more than US$400 million,...