Aerospace Demand Drives Taylor Devices' Y/Y Earnings Growth in Q1

Taylor Devices, Inc. (TAYD) reported robust financial results for the first quarter of fiscal 2025, marked by record-breaking revenues and net earnings. The company's earnings per share (EPS) rose significantly to 85 cents, a 63.5% increase compared to the prior-year quarter's 52 cents. First-quarter sales also saw notable year-over-year growth of 17%, reaching $11.6 million compared to $9.9 million in the first quarter of fiscal 2024. This 17% rise was supported by continued strength in Aerospace/Defense m ...