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Taylor Devices Inc  (TAYD)
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Price: $45.7100 $3.26 7.680%
Day's High: $45.71 Week Perf: 9.91 %
Day's Low: $ 41.95 30 Day Perf: 23.07 %
Volume (M): 50 52 Wk High: $ 45.71
Volume (M$): $ 2,263 52 Wk Avg: $24.16
Open: $42.25 52 Wk Low: $15.90



 Market Capitalization (Millions $) 162
 Shares Outstanding (Millions) 4
 Employees 112
 Revenues (TTM) (Millions $) 44
 Net Income (TTM) (Millions $) 9
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 3

Taylor Devices Inc

The Company was incorporated in the State of New York on July 22, 1955 and is engaged in the design, development, manufacture and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment and structures. In addition to manufacturing and selling existing product lines, the Company continues to develop new and advanced technology products.

The Company manufactures and sells a single group of very similar products that have many different applications for customers. These similar products are included in one of six categories; namely, Seismic Dampers, Fluidicshoks®, Crane and Industrial Buffers, Self-Adjusting Shock Absorbers, Liquid Die Springs, and Vibration Dampers. Management does not track or otherwise account for sales broken down by these categories. The following is a summary of the capabilities and applications for these products.

Seismic Dampers are designed to ameliorate the effects of earthquake tremors on structures, and represent a substantial part of the business of the Company. Fluidicshoks® are small, extremely compact shock absorbers with up to 19,200 inch-pound capacities, produced in 15 standard sizes for primary use in the defense, aerospace and commercial industry. Crane and industrial buffers are larger versions of the Fluidicshoks® with up to 60,000,000 inch-pound capacities, produced in more than 60 standard sizes for industrial application on cranes, ships, container ships, railroad cars, truck docks, ladle and ingot cars, ore trolleys and car stops. Self-adjusting shock absorbers, which include versions of Fluidicshoks® and crane and industrial buffers, automatically adjust to different impact conditions, and are designed for high cycle application primarily in heavy industry. Liquid die springs are used as component parts of machinery and equipment used in the manufacture of tools and dies. Vibration dampers are used primarily by the aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration.



   Company Address: 90 Taylor Drive North Tonawanda 14120 NY
   Company Phone Number: 694-0800   Stock Exchange / Ticker: TAYD
   TAYD is expected to report next financial results on March 29, 2024.


   

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Taylor Devices Inc

Taylor Devices Inc Demonstrates Resilience in Face of Revenue Challenges, Achieves Impressive Growth in Earnings and Profitability



Taylor Devices Inc, an Industrial Machinery and Components company, demonstrated excellent performance in the past 3 and 12 months with share price increases of 13.21% and 14.52% respectively. Currently, its shares are trading 14.3% above its 52-week average. In analyzing the financial results, we observe a decline in revenue for the second quarter of 2024. However, the company managed to increase its earnings per share and improve profitability. In addition, Taylor Devices Inc emphasized its improving profit margins and reported promising net income figures.
Financial Analysis:
In the second quarter of 2024, Taylor Devices Inc generated a net income of $1.981 million, indicating an impressive increase of 27.05% compared to the previous year. This significant growth in net earnings suggests that the company's overall financial health has improved. Furthermore, the earnings per share rose to $0.56, reflecting a growth of 24.44% compared to the previous year. These positive indicators demonstrate the company's ability to generate greater profit from its operations.
Although the company experienced a slight decline in revenue by -1.5% to $10.34 million, the decrease was offset by an increase in the previous reporting season, where revenue advanced by 4.195% to $9.92 million. This suggests a relatively stable financial performance, with Taylor Devices Inc demonstrating resilience in the face of economic factors impacting revenue generation.
Profitability and Margins:
Taylor Devices Inc showcased its capacity to improve profit margins, with net margin increasing to 19.16% in the second quarter of 2024. This improvement indicates enhanced efficiency in cost management and overall profitability. Additionally, the operating margin showed a slight increase, reaching 19.86%. These positive changes signify effective utilization of resources within the company and a strong path towards sustainable growth.

Taylor Devices Inc

Taylor Devices Inc Reports Impressive 9.162% Surge in Revenue During June to August 31, 2023 Financial Period

Taylor Devices Inc, a leading provider of innovative engineering solutions, has reported strong financial results for the June to August 31, 2023 financial period. The company witnessed a significant growth in earnings per share (EPS) of 79.31% to $0.52, compared to the prior year reporting period.
Furthermore, Taylor Devices Inc experienced a healthy increase in revenue, with a rise of 9.162% to $9.92 million, as compared to $9.09 million in the same period the previous year. However, in contrast to the previous reporting period, the company's profit dropped by -47.84% from $1.00 per share, and revenue fell by -27.392% from $13.67 million.

Taylor Devices Inc

Taylor Devices Inc Shatters Expectations with Unprecedented Financial Triumph Ending May 31 2023!

/>Taylor Devices Inc., a prominent player in the Industrial Machinery and Components sector, recently announced its financial results for the fiscal year 2023. With astounding revenue growth, significant profit turnaround, and improved profit margins, the company seems to be on a promising trajectory. This article will analyze the implications of these financial results and ponder over how they may impact Taylor Devices Inc. in the future.
1. Remarkable Revenue Growth:
Taylor Devices Inc. experienced a staggering revenue growth of 122.475% YoY, recording $13.67 million in revenue for the period ending May 31, 2023. This growth outperformed the Industrial Machinery and Components sector, which only averaged 3.77% top-line growth during the same period. Such exceptional revenue growth reflects the company's robust product offerings and strong market demand.

Taylor Devices Inc

Taylor Devices Inc declared epic results, amid the fiscal interval closing Feb 28 2023

Investors, get ready to rejoice! Taylor Devices Inc, the company that specializes in innovative shock and vibration control solutions, has just released their Feb 28 2023 report and the results are impressive.
The report reveals that the net profit per share soared by a staggering 840% to $0.47 per share compared to the previous year. This remarkable growth in net profit per share can be attributed to the company's growing revenue, which saw a significant increase of 35.353% to $9.89 million. These numbers are a substantial increase from the previous financial period where the company realized a revenue of $10.50 million and $0.45 per share.






 

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