Woodward (WWD) Tops Q4 EPS by 2c, Offers FY16 Guidance

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Woodward Reports Fiscal 2015 Results and Fiscal 2016 Outlook

November 9, 2015 4:07 PM EST

FORT COLLINS, Colo., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its 2015 fiscal year and fourth quarter. All per share amounts are presented on a fully diluted basis.

Fiscal 2015 Highlights

Net sales for fiscal 2015 were $2.04 billion, an increase of 2 percent, compared to $2.00 billion in the prior year, driven by continued strong Aerospace segment growth, partially offset by approximately $65 million of negative foreign currency exchange rate impacts in our Energy segment. On a constant currency rate basis1 when compared to the prior year,... More