{"id":831155,"date":"2025-03-28T09:42:46","date_gmt":"2025-03-28T13:42:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/"},"modified":"2025-03-28T09:42:46","modified_gmt":"2025-03-28T13:42:46","slug":"taylor-devices-announces-third-quarter-and-nine-month-results-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/","title":{"rendered":"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n NORTH TONAWANDA, N.Y.<\/span>
\n <\/span>, March 28, 2025<\/span><\/span> \/PRNewswire\/ — Taylor Devices, Inc. (NASDAQ SmallCap: “TAYD”) announced today that it had 3rd<\/sup> quarter sales of $10,564,834<\/span>, down from last year’s 3rd<\/sup> quarter sales of $12,254,093<\/span> while sales for the 1st<\/sup> nine months were $30,731,571<\/span>, also down from last year’s 1st<\/sup> nine-month sales of $32,517,596<\/span>.<\/p>\n

Net earnings for the 3rd<\/sup> quarter were $2,002,245<\/span>, down from last year’s 3rd<\/sup> quarter net earnings of $2,696,921<\/span> with net earnings for the 1st<\/sup> nine months finishing at $5,725,060<\/span>, also down from last year’s net earnings for the 1st<\/sup> nine months of $6,526,132<\/span>.<\/p>\n

“Our FY25 3rd<\/sup> quarter and 1st nine-month sales finished shy of last year’s record high levels although this year’s 1st<\/sup> nine-month sales of $30.7M<\/span> did eclipse our prior 2nd<\/sup> highest 1st<\/sup> nine-month sales of $29.5M<\/span> which was set in FY23,” stated Tim Sopko<\/span>, CEO.\u00a0 He continued, “Similarly, net earnings for the 3rd<\/sup> quarter and 1st<\/sup> nine months finished shy of last year’s levels, also record highs, due primarily to the lower sales volume.”\u00a0 He further commented, “The benefits of our Team’s excellent work on continuous improvements can be seen in our favorable gross margins even as our product mix varied vs. last year’s periods.”\u00a0 He continued, “Despite the headwinds we faced due to high interest rates as well as the US Government’s Continuing Resolution, the benefits of our market diversification and careful focus on stable and growing markets can be seen in our firm order backlog which finished at $33.3M<\/span> at the end of this February as compared to $30,2M<\/span> at the end of February last year.”\u00a0 He concluded, “As we enter the 4th<\/sup> and final quarter of our FY25, we will continue to focus on our growth strategies supported by our continued investments in our team, technologies (R&D) and facilities which we expect will continue to support our profitable growth going forward.” \u00a0\u00a0<\/p>\n

Taylor Devices, Inc. is a 69-year-old company engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment and structures.\u00a0 The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets.\u00a0<\/p>\n

\n\n\n\n\n\n\n
\n

\n \u00a0<\/span>\n <\/p>\n

\n
\n 3rd<\/sup><\/span> Quarter (3 months ended 02\/28\/25 & 02\/29\/24)<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n F\/Y 25<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n F\/Y 24<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Sales<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0 10,564,834<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0 \u00a012,254,093<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Earnings<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 \u00a0\u00a0\u00a02,002,245<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0 \u00a02,696,921<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Earnings per Share<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.64<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.82<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Shares Outstanding<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,136,469<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,302,497<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n
\n

\n
\n 1st<\/sup><\/span> Nine months (ended 02\/28\/25 & 02\/29\/24)<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n F\/Y 25<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n F\/Y 24<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Sales<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 30,731,571<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 \u00a032,517,596<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Earnings<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0 5,725,060<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0 \u00a06,526,132<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Earnings per Share<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.83<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1.91<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Shares Outstanding<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,127,722<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,411,703<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

Taylor’s website can be visited at: \u00a0www.taylordevices.com<\/a>\u00a0; with company newsletters and other pertinent information at www.taylordevices.com\/investors<\/a>.<\/p>\n

Taylor Devices, Inc.<\/p>\n

Contact:\u00a0 Artie Regan<\/span><\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Regan & Associates, Inc.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 (212) 587-3005 (phone)
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 (212) 587-3006 (fax)
\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0main@reganproxy.com<\/a>\u00a0<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/taylor-devices-announces-third-quarter-and-nine-month-results-302414308.html<\/a><\/p>\n

SOURCE Taylor Devices, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NORTH TONAWANDA, N.Y. , March 28, 2025 \/PRNewswire\/ — Taylor Devices, Inc. (NASDAQ SmallCap: “TAYD”) announced today that it had 3rd quarter sales of $10,564,834, down from last year’s 3rd quarter sales of $12,254,093 while sales for the 1st nine months were $30,731,571, also down from last year’s 1st nine-month sales of $32,517,596. Net earnings for the 3rd quarter were $2,002,245, down from last year’s 3rd quarter net earnings of $2,696,921 with net earnings for the 1st nine months finishing at $5,725,060, also down from last year’s net earnings for the 1st nine months of $6,526,132. “Our FY25 3rd quarter and 1st nine-month sales finished shy of last year’s record high levels although this year’s 1st nine-month sales … <\/p>\n

Continue reading “TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-831155","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NORTH TONAWANDA, N.Y. , March 28, 2025 \/PRNewswire\/ — Taylor Devices, Inc. (NASDAQ SmallCap: “TAYD”) announced today that it had 3rd quarter sales of $10,564,834, down from last year’s 3rd quarter sales of $12,254,093 while sales for the 1st nine months were $30,731,571, also down from last year’s 1st nine-month sales of $32,517,596. Net earnings for the 3rd quarter were $2,002,245, down from last year’s 3rd quarter net earnings of $2,696,921 with net earnings for the 1st nine months finishing at $5,725,060, also down from last year’s net earnings for the 1st nine months of $6,526,132. “Our FY25 3rd quarter and 1st nine-month sales finished shy of last year’s record high levels although this year’s 1st nine-month sales … Continue reading "TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-28T13:42:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52444&sd=2025-03-28\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/taylor-devices-announces-third-quarter-and-nine-month-results-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/taylor-devices-announces-third-quarter-and-nine-month-results-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS\",\"datePublished\":\"2025-03-28T13:42:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/taylor-devices-announces-third-quarter-and-nine-month-results-3\\\/\"},\"wordCount\":454,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/taylor-devices-announces-third-quarter-and-nine-month-results-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY52444&sd=2025-03-28\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/taylor-devices-announces-third-quarter-and-nine-month-results-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/taylor-devices-announces-third-quarter-and-nine-month-results-3\\\/\",\"name\":\"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS - 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(NASDAQ SmallCap: “TAYD”) announced today that it had 3rd quarter sales of $10,564,834, down from last year’s 3rd quarter sales of $12,254,093 while sales for the 1st nine months were $30,731,571, also down from last year’s 1st nine-month sales of $32,517,596. Net earnings for the 3rd quarter were $2,002,245, down from last year’s 3rd quarter net earnings of $2,696,921 with net earnings for the 1st nine months finishing at $5,725,060, also down from last year’s net earnings for the 1st nine months of $6,526,132. “Our FY25 3rd quarter and 1st nine-month sales finished shy of last year’s record high levels although this year’s 1st nine-month sales … Continue reading \"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-28T13:42:46+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52444&sd=2025-03-28","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS","datePublished":"2025-03-28T13:42:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/"},"wordCount":454,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52444&sd=2025-03-28","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/taylor-devices-announces-third-quarter-and-nine-month-results-3\/","name":"TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS - 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