POWELL INDUSTRIES INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
August 04, 2020 at 04:38 pm EDT
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Item 2.02 - Results of Operations and Financial Condition
On August 4, 2020, Powell Industries, Inc. (NASDAQ: POWL) issued a press release
regarding the Company's results of operations for its fiscal 2020 third quarter
ended June 30, 2020. A copy of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
The information in this Current Report, including the exhibit, is being
furnished pursuant to Item 2.02 of Form 8-K and General Instruction B.2
thereunder. The information in this Current Report shall not be deemed "filed"
for the purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that Section. The
information in this Current Report shall not be deemed incorporated by reference
into any registration statement or other document pursuant to the Securities Act
of 1933, as amended.
Item 8.01 - Other Events
On August 4, 2020, Powell Industries, Inc. issued a press release announcing
that its Board of Directors declared a quarterly cash dividend of $0.26 per
share payable to shareholders of record on August 19, 2020. This dividend will
be paid on September 16, 2020. A copy of such press release is attached hereto
as Exhibit 99.2 and is incorporated herein by reference.
Item 9.01 - Financial Statements and Exhibits
(d) Exhibits. The following exhibit is furnished as part of this Report.
Exhibit Description
Number
99.1 Press Release dated August 4, 2020
99.2 Press Release dated August 4, 2020
Powell Industries, Inc. develops, designs, manufactures and services custom-engineered equipment and systems. The Company distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. Its principal products include integrated power control room substations (PCRs), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. Its products are designed for application voltages ranging from approximately 480 volts to 38,000 volts and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquefied natural gas (LNG) terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper and other industrial markets.
POWELL INDUSTRIES, INC. 
