Taylor Devices (TAYD) Reports Q1 EPS of $0.06

October 14, 2016 9:34 AM EDT
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Gross profit: 1.45M

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Taylor Devices (NASDAQ: TAYD) reported Q1 EPS of $0.06, versus $0.30 reported last year. Revenue for the quarter came in at $5.76 million, versus $9.47 million reported last year.

"It would be fair to say that our first quarter was a weak one," stated Douglas P. Taylor, President. He continued, "Our firm order backlog of $21.3 million at the end of the first quarter is down slightly from the year end level of $21.5 million on May 31, 2016." He concluded, "While our expectation is that 2017 will be another profitable year for us, it is conceivable that our numbers may not be as robust as last year's record high levels."

For earnings history and earnings-related data on Taylor Devices (TAYD) click here.



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