Welcome to our dedicated page for Woodward news (Ticker: WWD), a resource for investors and traders seeking the latest updates and insights on Woodward stock.
Woodward Inc. (NASDAQ: WWD) delivers essential energy control solutions for aerospace and industrial markets worldwide. This news hub provides investors and industry professionals with timely updates on the company’s operational developments, financial performance, and technological innovations.
Access comprehensive coverage of Woodward’s latest press releases, including earnings announcements, product launches, strategic partnerships, and sustainability initiatives. Our curated selection focuses on material developments affecting the company’s position in advanced combustion systems, aircraft controls, and industrial energy efficiency solutions.
Stay informed about key business segments through updates spanning aerospace component innovations, industrial automation advancements, and regulatory compliance milestones. All content is verified for accuracy and relevance to support informed analysis of Woodward’s market trajectory.
Bookmark this page for streamlined access to critical updates impacting WWD’s stock performance and industry leadership. Check regularly for new developments in fuel systems technology, actuator production, and Woodward’s global engineering initiatives.
Woodward (NASDAQ: WWD) has announced a cash dividend of $0.25 per share for the quarter. The dividend will be payable on September 5, 2024, to shareholders who are on record as of August 22, 2024. This move reflects the company's ongoing commitment to providing shareholder returns.
Woodward (NASDAQ: WWD) has been named to the 2024 Fortune 1000 list, solidifying its status as one of the largest U.S. public companies. With revenues approximately $2.91 billion in fiscal year 2023 and a global workforce of about 9,500, Woodward remains a leader in energy control solutions for aerospace and industrial markets. CEO Chip Blankenship credits the company's inclusion on the list to the hard work and dedication of its team members, emphasizing their role in achieving the company's goals and commitments. The Fortune 1000 list, an annual ranking by Fortune Magazine, assesses U.S. companies based on reported revenue.
Woodward, Inc. (NASDAQ:WWD) reported strong second-quarter fiscal year 2024 results, with net sales reaching $835 million, a 16% increase from the prior year. Net earnings were $98 million, or $1.56 per share. Adjusted net earnings were $101 million. The company raised its full-year guidance due to operational excellence driving sales growth and margin expansion. Aerospace and Industrial segments showed significant growth in sales and earnings. Cash flow increased, and debt decreased, positioning Woodward well for future growth.
