Taylor Devices(US:TAYD) Prnewswire·2025-12-31 13:30Financial Performance - Taylor Devices, Inc. reported 2nd quarter sales of $11,603,472, a significant increase from $8,548,881 in the same quarter last year, marking a year-on-year growth of approximately 36% [1][4] - Net earnings for the 2nd quarter reached $2,008,624, up from $1,056,160 in the previous year, representing an increase of about 90% [2][4] - For the first half of the fiscal year, sales totaled $21,521,822, compared to $20,166,737 in the prior year, reflecting a growth of approximately 6.7% [1][4] - Net earnings for the first half were $4,198,708, an increase from $3,722,815 year-on-year, which is about 12.8% growth [2][4] Operational Highlights - The CEO, Tim Sopko, noted that the company achieved a record high in 2nd quarter sales at $11.6 million, surpassing the previous record of $10.5 million set in FY23 [3] - The first half sales also set a new record at $21.5 million, exceeding the prior record of $20.3 million from FY24 [3] - The firm order backlog stands at $25.1 million, slightly down from $27.1 million at the beginning of the fiscal year, attributed to timing variances in order receipt and delivery [3] Market Focus - The company continues to target growth in the Aerospace/Defense market, as well as the global Structural Construction and Industrial markets [3] - Increased activity from Aerospace/Defense customers is helping to mitigate challenges faced by Structural and Industrial market customers [3]