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Taylor Devices Inc  (TAYD)
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The company disclosed extraordinary results, during the fourth quarter of 2022 earnings season

Taylor Devices Inc recorded fourth quarter of 2022 operating surplus of $3.365416 millions

Published 2022-08-20T13:33:02+00:00
Goran Soko / CSIMarket.com Contributer

Taylor Devices Inc has more than doubled its results in the fourth quarter of 2022 earnings season in proportion to comparable reporting period a year before, net profit per share soared by 1321.84 % to $0.71 and Revenue soared by 164.924 % to $12.64 millions.

in proportion to the preceding reporting period net profit per share turned positive from $-0.03 per share and Revenue doubled by 105.803 % from $6.14 millions.


Net earnings of $1.993 millions in the March to May 31 2022 interval increased by 992.88 % from 0 achieved in the corresponding reporting period a year ago. Taylor Devices Inc also emphasized it's improving profit margins, where net margin rose to 15.76% in March to May 31 2022 interval, and operating margin edged up to 26.62%.
Analysts also pointed out, that within the financial numbers for the financial period 2022, Taylor Devices Inc disclosed Revenues of $30.87 millions and net earnings of $2.24 millions.

Industrial Machinery and Components company explained as well, that Eps surged by 113.33 % to $0.64 per share from $0.30 in the preceding financial period , industry's contribution addsRevenues surged by 37.13 % from $22.51 millions a year before.

Taylor Devices Inc is expected to report next financial results on December 28, 2022.


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Other TAYD's Earnings Reports

Taylor Devices Inc reported third quarter 2022 earnings

Taylor Devices Inc reported second quarter 2022 earnings

Taylor Devices Inc reported first quarter 2021 earnings

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