Taylor Devices Announces Strong First Quarter Results
Taylor Devices, Inc. (TAYD)
US:NASDAQ Investor Relations:
taylordevices.com/investors.html
Company Research
Source: PR Newswire
NORTH TONAWANDA, N.Y., Oct. 11, 2018 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 1st quarter sales of $7,314,094, up significantly from last year's 1st quarter sales of $6,567,720. Net earnings for the 1st quarter were $740,832, up sharply from last year's 1st quarter earnings of $301,747."Our current fiscal year is off to a much-improved start after a disappointing finish to our last fiscal year; in particular, net earnings are trending back towards where we want them to be to meet the Company's strategic goals," stated Alan R. Klembczyk, President. He continued, "Our firm order backlog of $22.6 million at the end of the first quarter is up slightly from the level of $21.6 million one year ago. It is quite encouraging to note that our domestic sales have increased 37% from the same period of the prior year, primarily from sales to customers in aerospace / defense. Additionally, we are continuing our aggressive sales strategies acros
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News
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TAYD
Sec Filings
- 1/17/24 - Form 4
- 1/10/24 - Form 10-Q
- TAYD's page on the SEC website