Taylor Devices Inc. Announces Sales Results for the Second Quarter and Six Months Ended November 30, 2012
January 14, 2013 at 10:08 am
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Taylor Devices Inc. announced sales results for the second quarter and six months ended November 30, 2012. For the quarter, the company announced sales of $6,508,172 compared to $6,781,754 for the same period a year ago. Net earnings were $769,361 compared to $413,741 for the same period a year ago. Earnings per share were $0.23 compared to $0.13 for the same period a year ago.
For the six months, the company announced sales of $13,824,839 compared to $11,354,456 for the same period a year ago. Net earnings were $1,377,178 compared to $821,858 for the same period a year ago. Earnings per share were $0.42 compared to $0.25 for the same period a year ago.
Taylor Devices, Inc. is engaged in the design, development, manufacture and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. In addition to manufacturing and selling existing product lines, the Company develops new and advanced technology products. The Company manufactures and sells a group of similar products that have different applications for customers. These similar products are included in one of eight categories, namely, Seismic Dampers, Fluidicshoks, Crane and Industrial Buffers, Self-Adjusting Shock Absorbers, Liquid Die Springs, Vibration Dampers, Machined Springs, and Custom Actuators. Custom derivations of all these products are designed and manufactured for various aerospace and defense applications. Seismic Dampers are designed to mitigate the effects of earthquakes on structures. Fluidicshoks are small, compact shock absorbers with up to 19,200 inch-pound capacities.
TAYLOR DEVICES, INC. 
