Taylor Devices, Inc. Stock News

Taylor Devices has surged 70% since February, driven by strong growth in A&D revenues, record earnings and backlog. TAYD's competitive edge is bolstered by proprietary products, customer relationships, and niche market positioning and enables ample opportunity for continued growth. Despite cyclicality risks TAYD has demonstrated operational excellence and expanding margins using zero debt.

NORTH TONAWANDA, N.Y. , Aug. 15, 2024 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 4th quarter sales of $12,065,211, up from last year's 4th quarter sales of $10,720,017.

NORTH TONAWANDA, N.Y. , March 28, 2024 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 3rd quarter sales of $12,254,093, up 24% from last year's 3rd quarter sales of $9,891,272 while sales for the 1st nine months were $32,517,596, up 10% from last year's 1st nine-month sales of $29,479,337.

Taylor Devices has experienced a shift in its revenue mix, with its Aerospace & Defense category becoming its largest and fastest-growing segment. The company has seen record revenues and backlog due to investment in product development and has widened margins and grown its cash position. The growing portion of A&D sales provides stability and resilience during downturns, and the company is wel...

Taylor Devices is a company that specializes in seismic dampers, which reduce the effects of earthquakes and strong winds on buildings. The company has seen strong financial results in 2023, with a 27% increase in sales and a significant boost in revenues from aerospace and industrial applications. The company's backlog of orders has been growing, indicating potential future sales growth, and i...

NORTH TONAWANDA, N.Y. , Jan. 10, 2024 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 2nd quarter sales of $10,339,875, down slightly from last year's 2nd quarter sales of $10,497,366 while sales for the 1st half of the fiscal year were $20,263,503, up from last year's 1st half sales of $19,588,065.

NORTH TONAWANDA, N.Y. , June 21, 2023 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") the world leader in providing innovative shock and vibration mitigation solutions, announced today that it has received ICC approval for an innovative building design method using what is called the Taylor Damped Moment Frame™ (TDMF™).

TAYD specializes in shock-absorbing devices for construction and aerospace uses, among others. The company seems to have a technological moat in these segments. Unfortunately, construction is cyclical and aerospace stagnant.