Taylor Devices Announces Second Quarter And Six-Month Results
Taylor Devices, Inc. (TAYD)
US:NASDAQ Investor Relations:
taylordevices.com/investors.html
Company Research
Source: PR Newswire
NORTH TONAWANDA, N.Y., Dec. 27, 2019 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 2nd quarter Net earnings of $917,006, up from last year's 2nd quarter Net earnings of $375,517. Net earnings for the 1st six months were $1,271,583, also up from last year's Net earnings for the 1st six months of $1,116,349.Sales for the 2nd quarter were $7,702,425, lower than last year's 2nd quarter sales of $9,479,159. Sales for the 1st six months were $13,411,064, lower than last year's 1st six-month sales of $16,793,253. "Very strong margins in our 2nd quarter contributed to the strong overall margin performance for the 1st six months of this fiscal year which is the result of both changes in product mix and the benefits of our focus on lean initiatives," stated Tim Sopko, CEO. He further commented, "While sales to our Aerospace/Defense customers returned to expected levels in the 2nd quarter, sales to our Construction customers are being impacted by
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- Taylor Devices, Inc. (NASDAQ: TAYD) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Taylor Devices, Inc. (NASDAQ: TAYD) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Taylor Devices, Inc. (NASDAQ: TAYD) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
TAYD
Sec Filings
- 10/29/24 - Form 4
- 10/28/24 - Form 8-K
- 10/28/24 - Form 8-K
- TAYD's page on the SEC website