NORTH TONAWANDA, N.Y., Oct. 1, 2025 /PRNewswire/ — Taylor Devices, Inc. (NASDAQ SmallCap: “TAYD”) announced today that it had first quarter sales of $9,918,350, down from last year’s first quarter sales of $11,617,856.
Net earnings for the first quarter were $2,190,084, also down from last year’s first quarter earnings of $2,666,655.
“While our sales and net earnings for this fiscal year first quarter finished a bit down vs. the record highs we set last year, 15% and 18% respectively, the sales of $9.9M and net earnings of $2.2M achieved this year are both better than their averages over our past four fiscal year first quarters which are $9.5M and $1.4M respectively,” stated Tim Sopko, CEO. He continued, “The benefit of our market diversity can be seen once again with a near equal split of our first quarter sales between our Structural and Industrial product group customers vs. our Aerospace/Defense product group customers; 49% and 51% respectively.” He further commented, “Our Team continues to make excellent progress executing our Profitable Growth Campaigns as can be seen in …