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Stock impact report

TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2024 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING A RECORD HIGH FIRM ORDER BACKLOG AND STOCK REPURCHASE

Taylor Devices, Inc. (TAYD) 
US:NASDAQ Investor Relations: taylordevices.com/investors.html
Company Research Source: PR Newswire
NORTH TONAWANDA, N.Y., Jan. 10, 2024 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 2nd quarter sales of $10,339,875, down slightly from last year's 2nd quarter sales of $10,497,366 while sales for the 1st half of the fiscal year were $20,263,503, up from last year's 1st half sales of $19,588,065.Net earnings for the 2nd quarter were $1,981,348, up from last year's 2nd quarter net earnings of $1,559,508 with net earnings for the 1st half finishing at $3,829,211, up significantly from last year's 1st half net earnings of $2,561,879."Our FY24 2nd quarter and 1st half sales finished in line with and improved compared to last year's levels respectively with all three of our customer product groups; Aerospace/Defense, Structural and Industrial, contributing favorably," stated Tim Sopko, CEO.  He continued, "This also sets a new high record for our sales in the first six months of a fiscal year concurrent with sales in the quarter exceeding the $9 Show less Read more
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