HOUSTON (AP) _ Powell Industries Inc. (POWL) on Tuesday reported fiscal fourth-quarter net income of $3 million.
The Houston-based company said it had net income of 25 cents per share.
The energy equipment company posted revenue of $114.7 million in the period.
For the year, the company reported profit of $16.7 million, or $1.42 per share. Revenue was reported as $518.5 million.
Powell Industries shares have decreased 42% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $28.60, a drop of 43% in the last 12 months.
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
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