HOUSTON (AP) _ Powell Industries Inc. (POWL) on Tuesday reported fiscal first-quarter profit of $2.8 million.
The Houston-based company said it had net income of 24 cents per share.
The energy equipment company posted revenue of $134.2 million in the period.
Powell Industries shares have decreased 16% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $41.17, a climb of 42% in the last 12 months.