FX.co ★ Taylor Devices Q3 Profit Surges

Taylor Devices Inc. declared on Thursday that their earnings for the third quarter experienced an abrupt rise, bolstered by a 24 percent increase in sales compared to last year. This quarter, the earnings have reached $2.696 million, a significant leap from $1.658 million estimated in the previous year. In terms of per share, the earnings saw an increase from $0.47 last year to $0.82. Furthermore, the net sales also underwent an incline, measuring up to $12.254 million from last year's $9.891 million for the same period.