Woodward (WWD) Misses Q2 EPS by 1c; Reaffirms Outlook
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Woodward Reports Second Quarter Fiscal Year 2016 Results
April 19, 2016 4:05 PM EDTFORT COLLINS, Colo., April 19, 2016 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its second quarter of fiscal year 2016 ending March 31, 2016. (All per share amounts are presented on a fully diluted basis.)
Second Quarter Fiscal 2016 Highlights
Net sales for the second quarter of 2016 were $479 million, a decrease of 3 percent from the second quarter of last year. Aerospace segment net sales were up 3 percent to $291 million. Industrial segment net sales were down 11 percent to $189 million.Earnings per... More