TAYLOR DEVICES ANNOUNCES FIRST QUARTER RESULTS
Taylor Devices (NASDAQ: TAYD) reported record Q1 FY25 results, with sales of $11,617,856, up 17% year-over-year, and net earnings of $2,666,655, a 44% increase from Q1 FY24. CEO Tim Sopko highlighted strong performance across all customer product groups, with Aerospace/Defense momentum offsetting headwinds in Structural markets. The firm order backlog stood at $28.4M, slightly above last year's Q1 and well ahead of the five-year Q1 average of $21.9M.
Taylor Devices, a 69-year-old company specializing in shock absorption and energy storage devices, continues to focus on growth strategies in domestic Aerospace and Defense markets, as well as global Structural Construction and Industrial markets. The company's earnings per share for Q1 FY25 were $0.85, compared to $0.52 in Q1 FY24, with 3,118,975 shares outstanding.
Taylor Devices (NASDAQ: TAYD) ha riportato risultati record per il primo trimestre dell'anno fiscale 25, con vendite di $11,617,856, in aumento del 17% rispetto all'anno precedente, e utili netti di $2,666,655, con un incremento del 44% rispetto al primo trimestre dell'anno fiscale 24. Il CEO Tim Sopko ha sottolineato l'ottima performance in tutti i gruppi di prodotti per i clienti, con un forte slancio nel settore Aerospaziale/Difesa che ha compensato le difficoltà nei mercati Strutturali. L'ordine fermo ha raggiunto $28.4M, leggermente superiore al primo trimestre dell'anno scorso e ben al di sopra della media quinquennale del primo trimestre di $21.9M.
Taylor Devices, un'azienda con 69 anni di esperienza specializzata in dispositivi di assorbimento degli urti e stoccaggio energetico, continua a concentrarsi sulle strategie di crescita nei mercati Aerospaziali e di Difesa nazionali, nonché nei mercati globali della Costruzione Strutturale e Industriale. Gli utili per azione dell'azienda per il primo trimestre dell'anno fiscale 25 sono stati $0.85, rispetto a $0.52 nel primo trimestre dell'anno fiscale 24, con 3,118,975 azioni in circolazione.
Taylor Devices (NASDAQ: TAYD) informó resultados récord para el primer trimestre del año fiscal 25, con ventas de $11,617,856, un aumento del 17% en comparación con el año anterior, y ganancias netas de $2,666,655, un incremento del 44% respecto al primer trimestre del año fiscal 24. El CEO Tim Sopko destacó el sólido desempeño en todos los grupos de productos para clientes, con un impulso en Aerospacial/Defensa que compensó las dificultades en los mercados Estructurales. La cartera de pedidos firme fue de $28.4M, ligeramente superior al primer trimestre del año pasado y muy por encima del promedio de cinco años del primer trimestre de $21.9M.
Taylor Devices, una empresa de 69 años especializada en dispositivos de absorción de impactos y almacenamiento de energía, sigue centrada en estrategias de crecimiento en los mercados nacionales de Aeronáutica y Defensa, así como en los mercados globales de Construcción Estructural e Industrial. Las ganancias por acción de la empresa para el primer trimestre del año fiscal 25 fueron de $0.85, en comparación con $0.52 en el primer trimestre del año fiscal 24, con 3,118,975 acciones en circulación.
테일러 디바이스 (NASDAQ: TAYD)는 2025 회계연도 1분기 동안 기록적인 실적을 발표했으며, 매출은 $11,617,856로 전년 대비 17% 증가했으며, 순이익은 $2,666,655로 44% 증가했습니다. CEO 팀 소프코는 모든 고객 제품 그룹에서 강력한 성과를 강조했으며, 항공우주/방산 부문은 구조 시장의 저항 요소를 상쇄했습니다. 고정 주문 잔고는 $28.4M로, 지난해 1분기보다 약간 높았고, 5년 평균 1분기 $21.9M을 크게 초과했습니다.
테일러 디바이스는 충격 흡수 및 에너지 저장 장치에 특화된 69년 된 회사로, 국내 항공우주 및 방산 시장뿐만 아니라 글로벌 구조 건설 및 산업 시장에서 성장 전략에 계속 집중하고 있습니다. 2025 회계연도 1분기 동안 회사의 주당 수익은 $0.85로, 2024 회계연도 1분기에는 $0.52였으며, 총 3,118,975 주가 유통되고 있습니다.
Taylor Devices (NASDAQ: TAYD) a annoncé des résultats records pour le premier trimestre de l'exercice 25, avec des ventes de $11,617,856, en hausse de 17 % par rapport à l'année précédente, et un bénéfice net de $2,666,655, soit une augmentation de 44 % par rapport au premier trimestre de l'exercice 24. Le PDG Tim Sopko a souligné la solide performance de tous les groupes de produits pour les clients, avec un élan dans les secteurs de l'Aéronautique/Défense compensant les difficultés sur les marchés structuraux. Le carnet de commandes ferme s'élevait à $28.4M, légèrement au-dessus du premier trimestre de l'année dernière et bien au-dessus de la moyenne des cinq dernières années du premier trimestre de $21.9M.
Taylor Devices, une entreprise de 69 ans spécialisée dans l'absorption des chocs et les dispositifs de stockage d'énergie, continue de se concentrer sur des stratégies de croissance sur les marchés nationaux de l'Aéronautique et de la Défense, ainsi que sur les marchés mondiaux de la Construction Structurale et de l'Industrie. Les bénéfices par action de l'entreprise pour le premier trimestre de l'exercice 25 étaient de $0.85, contre $0.52 au premier trimestre de l'exercice 24, avec 3,118,975 actions en circulation.
Taylor Devices (NASDAQ: TAYD) hat Rekordergebnisse für das erste Quartal des Geschäftsjahres 25 gemeldet, mit einem Umsatz von $11,617,856, was einem Anstieg von 17% im Vergleich zum Vorjahr entspricht, und einem Nettoergebnis von $2,666,655, was einer Steigerung von 44% im Vergleich zum ersten Quartal des Geschäftsjahres 24 entspricht. CEO Tim Sopko hob die starke Leistung in allen Produktgruppen für Kunden hervor, wobei der Schwung im Luft- und Raumfahrt-/Verteidigungsbereich die Herausforderungen im strukturellen Markt ausglich. Der Auftragsbestand lag bei $28.4M, geringfügig über dem Q1 des Vorjahres und deutlich über dem fünfjährigen Durchschnitt von $21.9M im ersten Quartal.
Taylor Devices, ein 69 Jahre altes Unternehmen, das auf Stoßdämpfung und Energiespeichergeräte spezialisiert ist, setzt weiterhin auf Wachstumsstrategien in den nationalen Luft- und Raumfahrt- und Verteidigungsmärkten sowie in den globalen Märkten für strukturelle Konstruktion und Industrie. Der Gewinn pro Aktie für das erste Quartal des Geschäftsjahres 25 betrug $0.85, verglichen mit $0.52 im ersten Quartal des Geschäftsjahres 24, bei 3,118,975 ausstehenden Aktien.
- Record Q1 sales of $11,617,856, up 17% year-over-year
- Net earnings increased by 44% to $2,666,655
- Earnings per share rose to $0.85 from $0.52 in Q1 FY24
- Firm order backlog of $28.4M, above the five-year Q1 average of $21.9M
- Strong performance across all customer product groups
- Headwinds in Structural markets due to high interest rates and unfavorable foreign exchange rates
Insights
Net earnings for the first quarter were
"The very strong execution by our team in FY24 continued this first quarter of our FY25 as new company high Q1 records were set for both sales and net earnings with improvements of
Taylor Devices, Inc. is a 69-year-old company engaged in the design, development, manufacture & marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment & structures. The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets.
First Quarter (3 months ended 08/31/24 & 8/31/23) | Fiscal 2025 | Fiscal 2024 | ||
Sales | $ 11,617,856 | $ 9,923,628 | ||
Net Earnings | $ 2,666,655 | $ 1,847,863 | ||
Earnings per Share | $ 0.85 | $ 0.52 | ||
Shares Outstanding | 3,118,975 | 3,520,910 |
Taylor's website can be visited at: www.taylordevices.com, with company newsletters and other pertinent information at www.taylordevices.com/investors.
Contact: | Artie Regan |
Regan & Associates, Inc. | |
212) 587-3005 (phone) | |
212) 587-3006 (fax) | |
View original content:https://www.prnewswire.com/news-releases/taylor-devices-announces-first-quarter-results-302260780.html
SOURCE Taylor Devices, Inc.
FAQ
What were Taylor Devices' (TAYD) Q1 FY25 financial results?
How did Taylor Devices' (TAYD) earnings per share change in Q1 FY25?
What is the current order backlog for Taylor Devices (TAYD)?
Which markets are driving growth for Taylor Devices (TAYD)?
