Taylor Devices FY27 Q1 net earnings drop 79% to $456,933; sales fall 26% to $7.3 million
TAYD•Taylor Devices reported FY27 Q1 sales of $7.3 million, down 26%, and net earnings of $456,933, down 79%. Earnings per share fell 80% to $0.14, while firm order backlog reached a record $55.2 million.
1. Quarterly results
Taylor Devices reported FY27 Q1 sales of $7.3 million, down 26% from the year-earlier quarter. Net earnings fell 79% to $456,933, and earnings per share dropped 80% to $0.14. CEO Tim Sopko cited sales recognition pushed out of the quarter after backlog arrived late in FY26 Q4; firm order backlog rose to a record $55.2 million, with all three product groups contributing to order intake.
