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Moog Inc. (Symbol: MOG) is a globally recognized leader in precision control components and systems. The company specializes in the design, manufacture, and integration of advanced motion control products. Moog Inc. serves a diverse range of industries including aerospace, defense, industrial automation, and medical devices.
Moog's core business revolves around its high-performance servo valves, flight control systems, actuators, and other motion control solutions. These products are critical in applications requiring precise and reliable operation. Moog has earned a reputation for quality and innovation, consistently delivering solutions that meet the demanding requirements of their clients.
In recent achievements, Moog has been at the forefront of developing next-generation flight control systems for commercial and military aircraft. Additionally, the company has secured several key partnerships to advance its technology and expand its market presence. Some of their notable projects include the development of electric propulsion systems for aerospace applications and the integration of advanced robotics in industrial settings.
Financially, Moog has demonstrated resilience and growth, reporting steady revenue streams and strategic investments in research and development. The company's commitment to innovation is evident in its robust pipeline of new products and technologies aimed at enhancing performance and efficiency.
Moog Inc. is dedicated to maintaining strong relationships with its clients and partners. Their extensive product portfolio combined with a customer-centric approach ensures they remain a preferred choice in the motion control industry.
For the latest updates and relevant information about Moog Inc., including performance reports, recent developments, and upcoming projects, visit our news section below.
Moog Inc. (NYSE: MOG.A and MOG.B) has announced a quarterly dividend of $0.28 per share for both Class A and Class B common stock shareholders. The dividend, representing a total cash distribution of approximately $9 million, will be paid on December 6, 2024, to shareholders of record as of November 21, 2024. The company notes that future quarterly dividend declarations remain subject to the Board of Directors' determination and discretion.
Moog Inc. reported strong Q4 2024 results with net sales increasing 5% to $917 million and full-year sales up 9% to $3.609 billion. Q4 operating margin decreased to 9.1% from 10.1%, while adjusted operating margin remained stable at 12.5%. Military Aircraft sales grew 17% to $216 million, and Space and Defense sales increased 9% to $263 million. The company's twelve-month backlog reached a record $2.5 billion, up 3%. For fiscal 2025, Moog projects net sales of $3.7 billion with an operating margin of 13.0% and diluted earnings per share of $8.20.
Moog Inc. (NYSE: MOG.A and MOG.B) has announced it will release its fourth quarter fiscal 2024 earnings on Friday, November 1, 2024. The company will host a conference call and live webcast at 10:00 a.m. ET on the same day, featuring CEO Pat Roche and CFO Jennifer Walter.
Investors and interested parties can access the conference call live or in replay mode at http://www.moog.com/investors/events-presentations/. Listeners are advised to allow 15 minutes before the call to download and install any necessary audio software. Supplemental material will be available on the website approximately 90 minutes prior to the call and will be archived for 45 days.
Moog Inc. (NYSE: MOG.A and MOG.B) announced its participation in Morgan Stanley's 12th Annual Laguna Conference. CEO Pat Roche and CFO Jennifer Walter will engage in a fireside chat on Thursday, September 12th, 2024 at 3:50 p.m. ET. The event will be livestreamed on Moog's Investor Relations website, with a replay available for 30 days after the discussion.
This conference appearance provides an opportunity for investors and analysts to gain insights into Moog's business strategy and financial performance directly from top executives. The company's participation in such high-profile events demonstrates its commitment to investor relations and market transparency.
Moog Inc. (NYSE: MOG.A and MOG.B) has announced that CEO Pat Roche and CFO Jennifer Walter will present at Gabelli's 30th Annual Aerospace & Defense Symposium on September 5, 2024, at 8:00 a.m. ET. The presentation will be available via live streaming, accessible through registration at a provided link. Listeners can also access the conference live over the internet through Moog's investor relations website. A replay of the conference will be available and archived on the website for 30 days following the discussion. This event provides an opportunity for investors and analysts to gain insights into Moog's strategies and performance in the aerospace and defense sectors.
Moog Inc. (NYSE: MOG.A and MOG.B) has announced a quarterly dividend of $0.28 per share on its Class A and Class B common stock. The dividend will be paid on August 29, 2024, to shareholders of record as of August 16, 2024. This dividend distribution represents a total cash outlay of approximately $9 million for the company. Moog's Board of Directors retains the discretion to determine and declare future quarterly dividends, subject to their assessment and decision-making process.
Moog Inc. (NYSE: MOG.A and MOG.B) reported strong fiscal third quarter 2024 results, with diluted earnings per share of $1.74 and adjusted diluted earnings per share of $1.91, up 32% and 39% respectively. The company achieved net sales of $905 million, a 6% increase year-over-year, driven by growth in aerospace and defense businesses. Operating margin expanded to 11.6%, a 170 basis point improvement, while adjusted operating margin reached 12.3%, up 210 basis points. Moog's twelve-month backlog grew 7% to $2.5 billion. The company updated its FY 2024 guidance, projecting net sales of $3,575 million and adjusted diluted earnings per share of $7.40, reflecting an 8% sales growth and 20% EPS increase for the year.
Moog is set to announce its third quarter fiscal 2024 earnings on August 2, 2024. The earnings release will be accompanied by a conference call hosted by CEO Pat Roche and CFO Jennifer Walter at 10:00 a.m. ET. The call will be broadcast live and available for replay online at Moog's investor relations website. Supplemental materials will be accessible 90 minutes before the call and archived for 45 days.
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