Woodward (WWD) Tops Q2 EPS by 52c

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Woodward Reports Second Quarter Fiscal Year 2020 Results

May 4, 2020 4:05 PM EDT

FORT COLLINS, Colo., May 04, 2020 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its second quarter of fiscal year 2020 ended March 31, 2020. (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. All comparisons are made to the same periods of the prior year unless otherwise stated.)

Second Quarter Highlights

Net sales were $720 million, compared to $759 million, a decrease of 5 percentNet earnings were $91 million, compared to $78... More