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Woodward Reports First Quarter Fiscal Year 2019 Results

January 28, 2019 4:05 PM EST

FORT COLLINS, Colo., Jan. 28, 2019 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its first quarter of fiscal year 2019 ending December 31, 2018.  (All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis.)

First Quarter Highlights

Net sales were $653 million, up 39 percent. Organic net sales1 were $565 million, up 20 percent.Earnings per share increased to $0.77, up from $0.29.Adjusted earnings per share1 was $0.96, up from $0.52 as... More