Taylor Devices (TAYD) Reports Q1 EPS of $0.06

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.

You May Also Be Interested In

• RXO shares soar as C.H. Robinson announces $5.8B cash and stock buyout
• Premarket movers: Brazilian ADRs surge, Leslie’s plunges
• DeFi Development Corp. reports SOL treasury growth of 11% since August