TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS
Taylor Devices (NASDAQ: TAYD) reported decreased financial results for Q3 FY25. Third quarter sales declined to $10.56 million from $12.25 million year-over-year, while nine-month sales dropped to $30.73 million from $32.52 million. Net earnings for Q3 decreased to $2.00 million from $2.70 million, with nine-month earnings falling to $5.73 million from $6.53 million.
Despite lower volumes, the company maintained favorable gross margins through continuous improvements. The firm's order backlog grew to $33.3 million at February-end, up from $30.2 million last year, demonstrating benefits from market diversification despite challenges from high interest rates and US Government Continuing Resolution.
The company continues investing in team development, R&D, and facilities while focusing on growth strategies in domestic Aerospace and Defense markets as well as global Structural Construction and Industrial markets.
Taylor Devices (NASDAQ: TAYD) ha riportato risultati finanziari in calo per il terzo trimestre dell'anno fiscale 25. Le vendite del terzo trimestre sono diminuite a 10,56 milioni di dollari rispetto ai 12,25 milioni di dollari dell'anno precedente, mentre le vendite nei nove mesi sono scese a 30,73 milioni di dollari dai 32,52 milioni di dollari. Gli utili netti per il terzo trimestre sono diminuiti a 2,00 milioni di dollari dai 2,70 milioni di dollari, con gli utili nei nove mesi che sono scesi a 5,73 milioni di dollari dai 6,53 milioni di dollari.
Nonostante i volumi più bassi, l'azienda ha mantenuto margini lordi favorevoli grazie a continui miglioramenti. Il portafoglio ordini dell'azienda è cresciuto a 33,3 milioni di dollari alla fine di febbraio, rispetto ai 30,2 milioni di dollari dell'anno scorso, dimostrando i benefici della diversificazione del mercato nonostante le sfide derivanti dall'alto tasso di interesse e dalla Risoluzione Continua del Governo degli Stati Uniti.
L'azienda continua a investire nello sviluppo del team, nella ricerca e sviluppo e nelle strutture, concentrandosi su strategie di crescita nei mercati domestici dell'aerospaziale e della difesa, così come nei mercati globali delle costruzioni strutturali e industriali.
Taylor Devices (NASDAQ: TAYD) reportó resultados financieros en disminución para el tercer trimestre del año fiscal 25. Las ventas del tercer trimestre cayeron a 10.56 millones de dólares desde 12.25 millones de dólares en el mismo período del año anterior, mientras que las ventas en nueve meses bajaron a 30.73 millones de dólares desde 32.52 millones de dólares. Las ganancias netas para el tercer trimestre disminuyeron a 2.00 millones de dólares desde 2.70 millones de dólares, con las ganancias en nueve meses cayendo a 5.73 millones de dólares desde 6.53 millones de dólares.
A pesar de los volúmenes más bajos, la empresa mantuvo márgenes brutos favorables a través de mejoras continuas. La cartera de pedidos de la firma creció a 33.3 millones de dólares a finales de febrero, en comparación con los 30.2 millones de dólares del año pasado, demostrando los beneficios de la diversificación del mercado a pesar de los desafíos de las altas tasas de interés y la Resolución Continua del Gobierno de EE. UU.
La empresa sigue invirtiendo en el desarrollo del equipo, I+D y en sus instalaciones, mientras se enfoca en estrategias de crecimiento en los mercados domésticos de Aeroespacial y Defensa, así como en los mercados globales de Construcción Estructural e Industrial.
테일러 디바이스 (NASDAQ: TAYD)는 2025 회계연도 3분기 재무 결과가 감소했다고 보고했습니다. 3분기 매출은 지난해 1,225만 달러에서 1,056만 달러로 감소했으며, 9개월 누적 매출은 3,252만 달러에서 3,073만 달러로 떨어졌습니다. 3분기 순이익은 270만 달러에서 200만 달러로 감소했으며, 9개월 누적 이익은 653만 달러에서 573만 달러로 감소했습니다.
낮은 물량에도 불구하고 회사는 지속적인 개선을 통해 유리한 총 이익률을 유지했습니다. 2월 말 기준 회사의 수주 잔고는 지난해 3,020만 달러에서 3,330만 달러로 증가하여 높은 금리와 미국 정부의 지속적 결의안의 도전에도 불구하고 시장 다각화의 혜택을 보여주었습니다.
회사는 팀 개발, 연구 및 개발, 시설에 지속적으로 투자하고 있으며, 국내 항공 우주 및 방산 시장과 글로벌 구조물 건설 및 산업 시장에서 성장 전략에 집중하고 있습니다.
Taylor Devices (NASDAQ: TAYD) a annoncé des résultats financiers en baisse pour le troisième trimestre de l'exercice 25. Les ventes du troisième trimestre ont chuté à 10,56 millions de dollars contre 12,25 millions de dollars l'année précédente, tandis que les ventes sur neuf mois ont baissé à 30,73 millions de dollars contre 32,52 millions de dollars. Le bénéfice net pour le troisième trimestre a diminué à 2,00 millions de dollars contre 2,70 millions de dollars, avec un bénéfice sur neuf mois passant de 6,53 millions de dollars à 5,73 millions de dollars.
Malgré des volumes plus faibles, l'entreprise a maintenu des marges brutes favorables grâce à des améliorations continues. Le carnet de commandes de l'entreprise a augmenté à 33,3 millions de dollars à la fin février, contre 30,2 millions de dollars l'année dernière, démontrant les avantages de la diversification du marché malgré les défis posés par les taux d'intérêt élevés et la résolution continue du gouvernement américain.
L'entreprise continue d'investir dans le développement de l'équipe, la recherche et développement, ainsi que dans ses installations, tout en se concentrant sur des stratégies de croissance sur les marchés nationaux de l'aérospatiale et de la défense, ainsi que sur les marchés mondiaux de la construction structurelle et industrielle.
Taylor Devices (NASDAQ: TAYD) berichtete von rückläufigen finanziellen Ergebnissen für das 3. Quartal des Geschäftsjahres 25. Die Umsätze im 3. Quartal sanken auf 10,56 Millionen Dollar im Vergleich zu 12,25 Millionen Dollar im Vorjahr, während die Umsätze in den ersten neun Monaten auf 30,73 Millionen Dollar von 32,52 Millionen Dollar fielen. Der Nettogewinn für das 3. Quartal sank auf 2,00 Millionen Dollar von 2,70 Millionen Dollar, während der Gewinn in den ersten neun Monaten auf 5,73 Millionen Dollar von 6,53 Millionen Dollar fiel.
Trotz niedrigerer Volumina hielt das Unternehmen die Bruttomargen durch kontinuierliche Verbesserungen aufrecht. Der Auftragsbestand des Unternehmens wuchs bis Ende Februar auf 33,3 Millionen Dollar, gegenüber 30,2 Millionen Dollar im Vorjahr, was die Vorteile der Marktdifferenzierung trotz der Herausforderungen durch hohe Zinssätze und die fortlaufende Resolution der US-Regierung zeigt.
Das Unternehmen investiert weiterhin in die Teamentwicklung, Forschung und Entwicklung sowie in Einrichtungen und konzentriert sich dabei auf Wachstumsstrategien in den heimischen Märkten für Luft- und Raumfahrt sowie Verteidigung sowie in den globalen Märkten für strukturellen Bau und Industrie.
- Order backlog increased 10.3% YoY to $33.3M
- Maintained favorable gross margins despite varying product mix
- Strong market diversification strategy showing results
- Q3 sales decreased 13.8% YoY to $10.56M
- Q3 net earnings declined 25.8% YoY to $2.00M
- Nine-month sales down 5.5% YoY to $30.73M
- Nine-month earnings decreased 12.3% YoY to $5.73M
Insights
Taylor Devices' Q3 FY25 results show a 13.8% year-over-year decline in quarterly sales to
Despite these declines, two positive signals emerge: First, the company has maintained favorable gross margins despite product mix variations, suggesting operational efficiency improvements are working. Second, the firm order backlog has increased
The sales decline stems primarily from macroeconomic factors, specifically high interest rates impacting construction markets and governmental funding delays caused by the Continuing Resolution. However, management's market diversification strategy appears to be providing some insulation, as evidenced by the growing backlog.
While current results have declined from last year's record highs, the nine-month sales still represent the company's second-best performance historically. This context suggests the company remains on a generally positive long-term trajectory despite the current year-over-year contraction. Management's continued investment in team development, R&D, and facilities indicates confidence in their growth strategy despite near-term headwinds.
Net earnings for the 3rd quarter were
"Our FY25 3rd quarter and 1st nine-month sales finished shy of last year's record high levels although this year's 1st nine-month sales of
Taylor Devices, Inc. is a 69-year-old company engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment and structures. The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets.
3rd Quarter (3 months ended 02/28/25 & 02/29/24) | F/Y 25 | F/Y 24 |
Sales | $ 10,564,834 | $ 12,254,093 |
Net Earnings | $ 2,002,245 | $ 2,696,921 |
Earnings per Share | $ 0.64 | $ 0.82 |
Shares Outstanding | 3,136,469 | 3,302,497 |
1st Nine months (ended 02/28/25 & 02/29/24) | F/Y 25 | F/Y 24 |
Sales | $ 30,731,571 | $ 32,517,596 |
Net Earnings | $ 5,725,060 | $ 6,526,132 |
Earnings per Share | $ 1.83 | $ 1.91 |
Shares Outstanding | 3,127,722 | 3,411,703 |
Taylor's website can be visited at: www.taylordevices.com ; with company newsletters and other pertinent information at www.taylordevices.com/investors.
Taylor Devices, Inc.
Contact: Artie Regan
Regan & Associates, Inc.
(212) 587-3005 (phone)
(212) 587-3006 (fax)
main@reganproxy.com
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SOURCE Taylor Devices, Inc.
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