Powell Industries Reports Strong Q2 Performance with Record Data Center Contract

Powell Industries reported strong second-quarter performance driven by operational efficiency and robust activity in core markets like LNG, electric utilities, and data centers. The company secured a $400 million greenfield data center project, its largest award to date, while maintaining a diversified backlog of $1.8 billion through 2028.

By Moby Intelligence May 5, 2026 3 min read · Yahoo Finance · May 5, 2026, 12:30 UTC

Tickers: $POWL

Topics: capital investment data centers electric utilities LNG

Read the full article at Yahoo Finance

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