Woodward (WWD) Tops Q1 EPS by 5c; Guides In-Line

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Woodward Reports First Quarter Fiscal Year 2016 Results

January 19, 2016 4:05 PM EST

FORT COLLINS, Colo., Jan. 19, 2016 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its first quarter of fiscal year 2016 ending December 31, 2015. (All per share amounts are presented on a fully diluted basis.)

First Quarter Fiscal 2016 Highlights

Net sales for the first quarter of 2016 were $445 million, a decrease of 9 percent from the first quarter of last year.Earnings per share were $0.40 in the first quarter of 2016, compared to $0.66 in the first quarter of last year. This quarter included special charges totaling $0.16 related to the... More