Taylor Devices (TAYD) Q4 EPS Up 36% Y/Y on Defense Segment Growth

Taylor Devices, Inc. (TAYD) reported a robust fourth quarter of fiscal 2024, with earnings per share (EPS) at 80 cents, a significant increase from the 59 cents reported in the prior-year quarter. The company recorded quarterly revenues of $12.1 million, marking a 12.6% year-over-year increase from $10.7 million in the fourth quarter of 2023. The Aerospace/Defense segment was a primary driver, benefiting from sustained demand. This segment's positive momentum outweighed the adverse effects seen in the Struc ...