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Woodward Recognized on Forbes’ 2026 List of Most Successful Mid-Cap Companies
Globenewswire· 2026-02-12 13:00
FORT COLLINS, Colo., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for the aerospace and industrial markets, has been recognized by Forbes as one of America’s Most Successful Mid‑Cap Companies for 2026. The annual ranking, developed using data from FactSet, evaluates companies on earnings growth, sales growth, return on equity, and total stock return over the past five years. This is the most recent honor in a list of business and finance accolad ...
Woodward Publishes Fiscal Year 2025 Annual Report
Globenewswire· 2025-12-22 21:30
Core Insights - Woodward, Inc. reported record performance for fiscal year 2025, with net sales of $3.6 billion, a 7% increase year over year, and net earnings of $442 million, reflecting a 19% growth [1][2] - Diluted earnings per share reached $7.19, marking a 20% rise from the previous year [1] Strategic Milestones - The company completed the acquisition of an industry-leading electromechanical actuation business [2] - Woodward was awarded contracts for certain spoiler actuation systems on the Airbus A350, marking its first primary flight control system application on a commercial aircraft [2] - Progress was made on the new advanced manufacturing facility located in Spartanburg County, South Carolina [2] Company Overview - Woodward, Inc. is a global leader in energy control solutions for aerospace and industrial markets, focusing on designing and delivering energy control solutions for a clean future [3] - The company is headquartered in Fort Collins, Colorado, and specializes in fluid, combustion, electrical, propulsion, and motion control systems [3]
Ideal Power to Host Third Quarter 2025 Results Conference Call on November 13, 2025 at 10:00 AM Eastern Time
Prnewswire· 2025-11-04 14:20
Core Points - Ideal Power Inc. will hold a conference call on November 13, 2025, at 10:00 AM Eastern Time to discuss its third-quarter results for the period ending September 30, 2025 [1] - A press release detailing the financial results will be issued prior to the conference call [1] - Analysts and investors can submit questions for management during the live call [2] Company Overview - Ideal Power Inc. is a developer and provider of the patented B-TRAN® bidirectional semiconductor power switch, focusing on energy control solutions for various applications including electric vehicles, renewable energy, and energy storage [5] - The B-TRAN® technology offers significant performance improvements over conventional power semiconductors, reducing conduction and switching losses, and lowering operating costs [5]
Woodward to Build a 300,000-Square-Foot Manufacturing Facility for Aircraft Spoiler Actuation Systems in Spartanburg County, South Carolina
Globenewswire· 2025-09-16 14:15
Core Insights - Woodward, Inc. plans to build a 300,000-square-foot precision manufacturing facility in Greer, South Carolina, focusing on servo-hydraulic actuation systems for aerospace applications, particularly for the Airbus A350 [1][2] - The facility is expected to create approximately 275 high-quality jobs in manufacturing, engineering, and business operations, with potential for future workforce expansion [3][5] - The company will invest nearly $200 million in the development of the site, supported by incentives from the State of South Carolina and local economic development organizations [5][6] Company Strategy - The new facility represents a strategic investment for Woodward, enhancing its capabilities in producing critical flight control systems that improve aircraft performance and safety [2][4] - The site will serve as a showcase for advanced manufacturing techniques, emphasizing operational excellence developed through previous aircraft engine programs [4][5] - The investment aims to solidify Woodward's position in the aerospace market and expand its customer base beyond Airbus [5] Economic Impact - The establishment of the facility is expected to have a significant positive impact on the local economy in Spartanburg County, creating new job opportunities and fostering economic growth [6] - The decision to locate in South Carolina highlights the state's strong manufacturing infrastructure and access to skilled aerospace talent [5][6]
Ideal Power Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-14 13:20
Core Insights - Ideal Power Inc. reported its second quarter results for 2025, highlighting progress in its B-TRAN® technology and collaborations with major automotive suppliers [1][3]. Company Developments - The first design win customer is close to completing prototype testing for their B-TRAN®-enabled solid-state circuit breaker (SSCB), with an anticipated product rollout later this year [2]. - Collaborations have expanded to include four and five global Tier 1 automotive suppliers, focusing on low-loss, solid-state solutions for electric vehicle (EV) contactors [2][5]. - Stellantis has approved a purchase order for custom development of B-TRAN® devices for multiple EV applications, indicating a strategic partnership [2][5]. - A partnership with Kaimei Electronic Corp. has been established to distribute Ideal Power's products throughout Asia, a key market for power electronics [5]. Financial Performance - Cash used in operating and investing activities in Q2 2025 was $2.5 million, up from $2.2 million in Q2 2024 [5]. - Operating expenses for Q2 2025 were $3.1 million, compared to $2.9 million in Q2 2024, primarily due to increased research and development spending [5]. - The net loss for Q2 2025 was $3.0 million, compared to a net loss of $2.7 million in Q2 2024 [5][17]. - Cash and cash equivalents totaled $11.1 million as of June 30, 2025, down from $15.8 million at the end of 2024 [15]. Patent and Technology - Ideal Power currently holds 96 issued B-TRAN® patents, with 47 issued outside the United States and 74 pending [5]. - The B-TRAN® technology is positioned as a highly efficient and eco-friendly solution for various applications, including EVs and renewable energy [11]. Future Milestones - The company has set several milestones for 2025, including securing additional design wins and starting initial sales ramp in the second half of the year [13].