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TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS INCLUDING RECORD HIGH SALES AND EARNINGS

Taylor Devices, Inc. (TAYD) 
US:NASDAQ Investor Relations: taylordevices.com/investors.html
Company Research Source: PR Newswire
NORTH TONAWANDA, N.Y., March 28, 2024 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 3rd quarter sales of $12,254,093, up 24% from last year's 3rd quarter sales of $9,891,272 while sales for the 1st nine months were $32,517,596, up 10% from last year's 1st nine-month sales of $29,479,337.Net earnings for the 3rd quarter were $2,696,921, up significantly from last year's 3rd quarter net earnings of $1,658,887 with net earnings for the 1st nine months finishing at $6,526,132, also up significantly from last year's net earnings for the 1st nine months of $4,220,766."Our FY24 3rd quarter and 1st nine-month sales finished significantly better than last year's levels respectively with the benefit of our market diversity demonstrated by increased sales to our Aerospace/Defense product group customers more than offsetting a decrease in sales to our Structural product group customers," stated Tim Sopko, CEO.  He continued, "Additionally, these sales Show less Read more
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