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Powell Industries: Fiscal 1Q Earnings Snapshot

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POWL at https://www.zacks.com/ap/POWL