Palm Beach, FL 1/12/12 (StreetBeat) -- Taylor Devices Inc. (Nasdaq: TAYD) shot up in the second quarter, rising to $413,741 compared to $122,975 in the same period last year.Earnings per share were 13 cents, up from 4 cents year-over-year.
Sales rose 50 percent to $6.781 million this year from $4.52 million in last year’s second quarter.
The North Tonawanda-based manufacturer also said that its firm order backlog is now at a record $25 million, nearly double from $13 million in 2011.
“The product mix for this backlog is now approximately 19 percent aerospace/military with the remaining 81 percent comprised of commercial/seismic orders,” said Douglas Taylor, president.
Taylor Devices, Inc. is a 57-year-old company engaged in the design, development, manufacture & marketing of shock absorption, rate control and energy storage devices.
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