• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Woodward Reports First Quarter Fiscal Year 2025 Results

    2/3/25 4:00:26 PM ET
    $WWD
    Industrial Machinery/Components
    Energy
    Get the next $WWD alert in real time by email

    ~Results in Line with Expectations, on Track to Deliver Full-Year Guidance~

    FORT COLLINS, Colo., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter of fiscal year 2025.

    All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. All references to years are references to the Company's fiscal year unless otherwise stated.

    First Quarter Overview

     First Quarter 2025
    Net sales$773M, -2%
    Net earnings$87M, -3%
    Adjusted net earnings¹$83M, -8%
    Earnings per share (EPS)$1.42, -3%
    Adjusted EPS¹$1.35, -7%
    Cash from operations$35M, -26%
    Free cash flow¹$1M, -81%



    "We're pleased with our strong start to 2025, as our first quarter results were in line with our expectations. Our Aerospace segment performed well with growth in both sales and margin despite a pause in deliveries for some Boeing product lines and a reduced delivery rate in others," said Chip Blankenship, Chairman and Chief Executive Officer. "High aircraft utilization continued to drive both commercial and defense aftermarket demand. As anticipated, increased smart defense demand contributed to strong sales in the quarter. In Industrial, broad-based strength in power generation, oil & gas, and marine transportation was offset by an expected decline in sales related to China on-highway natural gas trucks.

    "First quarter results reflect the effective execution of our strategy, reinforcing our confidence in our ability to achieve our full-year guidance. We remain committed to operational excellence, innovation and delivering profitable growth to build a stronger, more focused Woodward."

    First Quarter Fiscal Year 2025 Company Results

    Total Company Results
              
      Three Months Ended December 31,
    Dollars in millions, except per share amounts 2024 2023 Year over Year

    Income Statement         
    Total Sales $773  $787   -2%
    Net Earnings  87   90   -3%
    Adjusted Net Earnings  83   90   -8%
    EPS $1.42  $1.46   -3%
    Adjusted EPS $1.35  $1.45   -7%
    EBIT  113   120   -6%
    Adjusted EBIT¹  107   119   -10%
    Effective Tax Rate  14.5%  17.9% -340bps
    Adjusted Effective Tax Rate¹  14.0%  17.7% -370bps
              
              
    Cash Flow and Financial Position         
    Cash from operating activities $35  $47   -26%
    Free cash flow  1   5   -81%
              
    Dividends Paid $15  $13   12%
    Share Repurchases  35   -   100%
    Total Debt 902  719  25%
    EBITDA Leverage 1.5x  1.3x    



    Segment Results

    Aerospace
      Three Months Ended December 31,
    Dollars in millions 2024 2023 Year over Year
    Commercial OEM $154  $171   -10%
    Commercial Aftermarket  164   138   19%
    Defense OEM  113   93   21%
    Defense Aftermarket  63   58   8%
              
    Revenue  494   461   7%
    Segment Earnings  95   79   20%
    Segment Margin %  19.2%  17.2% 200bps



    The increase in Aerospace segment earnings in the first quarter was primarily a result of price realization, partially offset by inflation, unfavorable mix, and lower volumes.

    Industrial
      Three Months Ended December 31,
    Dollars in millions 2024 2023 Year over Year
    Transportation $117  $174   -33%
    Power generation  105   98   7%
    Oil and gas  57   53   7%
              
    Revenue  279   326   -15%
    Segment Earnings  40   67   -40%
    Segment Margin %  14.4%  20.5% -610bps



    The decrease in Industrial segment earnings in the first quarter was primarily a result of lower volume and unfavorable mix, partially offset by price realization and favorable foreign currency exchange rates.

    Nonsegment
      Three Months Ended December 31,
    Dollars in millions 2024 2023 Year over Year
    Nonsegment Expense $(22) $(26)  -16%
    Adjusted Nonsegment Expenses  (28)  (27)  4%



    Fiscal Year 2025 Guidance

    Woodward reaffirms its 2025 guidance with the exception of adjusted effective tax rate and adjusted earnings per share. Based on the favorable tax rate in the first quarter, the adjusted effective tax rate is now expected to be approximately 19 percent. As a result, the Company narrowed its adjusted earnings per share range to $5.85-6.25. 

    Woodward, Inc. and Subsidiaries
    Revised Guidance
    (In millions, except per share amount and percentages)
     
      Prior Revised
      FY25 Guidance issued on FY25 Guidance issued on
      November 25, 2024 February 3, 2025
    Total Company    
    Sales $3,300 - $3,500 No change
    Adjusted Effective Tax Rate ~20% ~19%
    Free Cash Flow $350 - $400 No change
    Capital Expenditures ~$115 No change
    Shares ~61.5 No change
    Adjusted EPS $5.75 - $6.25 $5.85 - $6.25
         
    Segment Data    
    Aerospace    
    Sales Growth Up 6% to 13% No change
    Segment Earnings (% of Sales) 20% - 21% No change
    Industrial    
    Sales Growth Down 7% to 11% No change
    Segment Earnings (% of Sales) 13% - 14% No change



    Conference Call

    Woodward will hold an investor conference call at 5:00 p.m. ET, February 3, 2025, to provide an overview of the financial performance for its first quarter of fiscal year 2025 ending December 31, 2024, business highlights, and guidance for fiscal 2025. You are invited to listen to the live webcast of our conference call, or a recording, and view or download accompanying presentation slides at our website, www.woodward.com².

    You may also listen to the call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 4675940. The call and presentation will be available on the website by selecting "Investors/Events & Presentations" from the menu and will remain accessible on the company's website for one year.

    About Woodward, Inc.

    Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world's harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.

    Cautionary Statement

    Information in this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including, but not limited to, our focus on and commitment to growth, operational excellence and innovation, including whether such focus ultimately leads to profitable growth and long-term term success, and statements regarding our business, expectations and guidance for fiscal year 2025, including our guidance for sales, segment sales as compared to the prior fiscal year, adjusted earnings per share, segment earnings margin, adjusted effective tax rate, free cash flow, capital expenditures, and diluted weighted average shares outstanding, as well as our assumptions regarding our guidance and our progress toward achieving it, and anticipated trends in our business and markets. Factors that could cause actual results and the timing of certain events to differ materially from the forward-looking statements include, but are not limited to: (1) global economic uncertainty and instability, including in the financial markets that affect Woodward, its customers, and its supply chain; (2) risks related to constraints and disruptions in the global supply chain and labor markets; (3) Woodward's long sales cycle; (4) risks related to Woodward's concentration of revenue among a relatively small number of customers; (5) Woodward's ability to implement and realize the intended effects of any restructuring efforts; (6) Woodward's ability to successfully manage competitive factors including expenses and fluctuations in sales; (7) changes and consolidations in the aerospace market; (8) Woodward's financial obligations including debt obligations and tax expenses and exposures; (9) risks related to Woodward's U.S. government contracting activities including potential changes in government spending patterns; (10) Woodward's ability to protect its intellectual property rights and avoid infringing the intellectual property rights of others; (11) changes in the estimates of fair value of reporting units or of long-lived assets; (12) environmental risks; (13) Woodward's continued access to a stable workforce and favorable labor relations with its employees; (14) Woodward's ability to manage various regulatory and legal matters; (15) risks from operating internationally; (16) cybersecurity and other technological risks; and other risk factors and risks described in Woodward's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2024, as well as its Quarterly Report on Form 10-Q, which we expect to file shortly, and other risks described in Woodward's filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date hereof and Woodward assumes no obligation to update such statements, except as required by applicable law.

    Woodward, Inc. and Subsidiaries
    CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
    (Unaudited – in thousands, except per share amounts)
           
      Three Months Ended December 31,
      2024 2023
    Net sales $772,725  $786,730 
    Costs and expenses:      
    Cost of goods sold  583,091   582,381 
    Selling, general, and administrative expenses  69,696   74,511 
    Research and development costs  30,207   30,794 
    Interest expense  12,341   11,436 
    Interest income  (1,377)  (1,473)
    Other (income) expense, net  (23,087)  (20,639)
    Total costs and expenses  670,871   677,010 
    Earnings before income taxes  101,854   109,720 
    Income taxes  14,763   19,676 
    Net earnings $87,091  $90,044 
           
    Earnings per share amounts:      
    Basic earnings per share $1.47  $1.50 
    Diluted earnings per share $1.42  $1.46 
    Weighted average common shares outstanding:      
    Basic  59,216   60,021 
    Diluted  61,141   61,846 
           
    Cash dividends paid per share $0.25  $0.22 



    Woodward, Inc. and Subsidiaries
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited – in thousands)
           
      December 31,

     September 30,

      2024

     2024

    Assets      
    Current assets:      
    Cash and cash equivalents $283,726  $282,270 
    Accounts receivable  692,599   770,066 
    Inventories  632,002   609,092 
    Assets held for sale  32,047   - 
    Income taxes receivable  16,268   22,016 
    Other current assets  67,954   60,167 
    Total current assets  1,724,596   1,743,611 
    Property, plant, and equipment, net  925,471   940,715 
    Goodwill  781,928   806,643 
    Intangible assets, net  404,417   440,419 
    Deferred income tax assets  87,488   84,392 
    Other assets  357,482   353,135 
    Total assets $4,281,382  $4,368,915 
           
    Liabilities and stockholders' equity      
    Current liabilities:      
    Short-term debt $258,000  $217,000 
    Current portion of long-term debt  160,975   85,719 
    Accounts payable  224,035   287,457 
    Income taxes payable  38,742   40,692 
    Liabilities held for sale  4,322   - 
    Accrued liabilities  228,748   292,642 
    Total current liabilities  914,822   923,510 
    Long-term debt, less current portion  483,199   569,751 
    Deferred income tax liabilities  115,984   121,858 
    Other liabilities  558,956   577,380 
    Total liabilities  2,072,961   2,192,499 
    Stockholders' equity  2,208,421   2,176,416 
    Total liabilities and stockholders' equity $4,281,382  $4,368,915 



    Woodward, Inc. and Subsidiaries

    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

    (Unaudited – in thousands)

           
      Three Months Ended December 31,
      2024 2023
    Net cash provided by operating activities $34,516  $46,789 
           
    Cash flows from investing activities:      
    Payments for purchase of property, plant, and equipment  (33,574)  (41,812)
    Proceeds from sale of assets and short-term investments  36   36 
    Proceeds from business divestiture  1,438   - 
    Net cash used in investing activities  (32,100)  (41,776)
           
    Cash flows from financing activities:      
    Cash dividends paid  (14,781)  (13,209)
    Proceeds from sales of treasury stock  28,876   15,267 
    Payments for repurchases of common stock  (35,473)  - 
    Borrowings on revolving lines of credit and short-term borrowings  668,300   728,600 
    Payments on revolving lines of credit and short-term borrowings  (627,300)  (663,500)
    Payments of long-term debt and finance lease obligations  (236)  (75,249)
    Net cash provided by (used in) financing activities  19,386   (8,091)
    Effect of exchange rate changes on cash and cash equivalents  (20,346)  9,979 
    Net change in cash and cash equivalents  1,456   6,901 
    Cash and cash equivalents at beginning of year  282,270   137,447 
    Cash and cash equivalents at end of period $283,726  $144,348 



    Woodward, Inc. and Subsidiaries
    SEGMENT NET SALES AND NET EARNINGS
    (Unaudited – in thousands)
           
      Three Months Ended December 31,
      2024 2023
    Net sales:      
    Aerospace $493,882  $460,756 
    Industrial  278,843   325,974 
    Total consolidated net sales $772,725  $786,730 
    Segment earnings*:      
    Aerospace $94,725  $79,002 
    As a percent of segment net sales  19.2%  17.2%
    Industrial  40,197   66,881 
    As a percent of segment net sales  14.4%  20.5%
    Total segment earnings  134,922   145,883 
    Nonsegment expenses  (22,104)  (26,200)
    EBIT  112,818   119,683 
    Interest expense, net  (10,964)  (9,963)
    Consolidated earnings before income taxes $101,854  $109,720 
           
    *This schedule reconciles segment earnings, which exclude certain costs, to consolidated earnings before taxes.
           
    Payments for property, plant and equipment $33,574  $41,812 
    Depreciation expense $20,962  $20,226 



    Woodward, Inc. and Subsidiaries 
    RECONCILIATION OF NET EARNINGS TO ADJUSTED NET EARNINGS1 
    (Unaudited – in thousands, except per share amounts) 
                 
      Three Months Ended December 31,
      2024 2023
      Net Earnings Earnings Per Share Net Earnings Earnings Per Share
    Net earnings (U.S. GAAP) $87,091  $1.42  $90,044  $1.46 
    Non-U.S. GAAP adjustments:            
    Product rationalizationa  (9,361)  (0.15)  -   - 
    Business development activitiesb  3,518   0.06   4,238   0.07 
    Non-recurring gain related to a previous acquisitiona  -   -   (4,803)  (0.09)
    Tax effect of Non-U.S. GAAP net earnings adjustments  1,319   0.02   332   0.01 
    Total non-U.S. GAAP adjustments  (4,524)  (0.07)  (233)  (0.01)
    Adjusted net earnings (Non-U.S. GAAP) $82,567  $1.35  $89,811  $1.45 
     
    a. Presented in the line item "Other (income) expense, net" in Woodward's Condensed Consolidated Statement of Earnings.
    b. Presented in item "Selling, general and administrative" expenses in Woodward's Condensed Consolidated Statement of Earnings.



    Woodward, Inc. and Subsidiaries
    RECONCILIATION OF INCOME TAX EXPENSE TO ADJUSTED INCOME TAX EXPENSE¹
    (Unaudited – in thousands)
           
      Three Months Ended December 31,
      2024 2023
    Income tax expense (U.S. GAAP) $14,763  $19,676 
    Tax effect of Non-U.S. GAAP net income adjustments  (1,319)  (332)
    Adjusted income tax expense (Non-U.S. GAAP) $13,444  $19,344 
    Adjusted effective tax rate (Non-U.S. GAAP)  14.0%  17.7%



    Woodward, Inc. and Subsidiaries
    RECONCILIATION OF NET EARNINGS TO EBIT¹AND ADJUSTED EBIT¹
    (Unaudited – in thousands)
        
      Three Months Ended December 31,
      2024 2023
    Net earnings (U.S. GAAP) $87,091  $90,044 
    Income tax expense  14,763   19,676 
    Interest expense  12,341   11,436 
    Interest income  (1,377)  (1,473)
    EBIT (Non-U.S. GAAP)  112,818   119,683 
    Total non-U.S. GAAP adjustments*  (5,843)  (565)
    Adjusted EBIT (Non-U.S. GAAP) $106,975  $119,118 
           
    *See Reconciliation of Net Earnings to Adjusted Net Earnings¹ table above for the list of Non-U.S. GAAP adjustments made in the applicable periods.



    Woodward, Inc. and Subsidiaries
    RECONCILIATION OF NET EARNINGS TO EBITDA1 AND ADJUSTED EBITDA1
    (Unaudited – in thousands)
        
      Three Months Ended December 31,
      2024 2023
    Net earnings (U.S. GAAP) $87,091  $90,044 
    Income tax expense  14,763   19,676 
    Interest expense  12,341   11,436 
    Interest income  (1,377)  (1,473)
    Amortization of intangible assets  6,914   8,599 
    Depreciation expense  20,962   20,226 
    EBITDA (Non-U.S. GAAP)  140,694   148,508 
    Total non-U.S. GAAP adjustments*  (5,843)  (565)
    Adjusted EBITDA (Non-U.S. GAAP) $134,851  $147,943 
           
    *See Reconciliation of Net Earnings to Adjusted Net Earnings¹ table above for the list of Non-U.S. GAAP adjustments made in the applicable periods.



    Woodward, Inc. and Subsidiaries
    RECONCILIATION OF NONSEGMENT EXPENSES TO ADJUSTED NONSEGMENT EXPENSES¹
    (Unaudited – in thousands)
     
      Three-Months Ended December 31,
      2024 2023
    Nonsegment expenses (U.S. GAAP) $(22,104) $(26,200)
    Product rationalization (9,361)  - 
    Business development activities 3,518   4,238 
    Non-recurring gain related to a previous acquisition -   (4,803)
    Adjusted nonsegment expenses (Non-U.S. GAAP) $(27,947) $(26,765)



    Woodward, Inc. and Subsidiaries
    RECONCILIATION OF CASH FLOW FROM OPERATING ACTIVITIES TO FREE CASH FLOW¹
    (Unaudited – in thousands)
           
      Three Months Ended December 31,
      2024 2023
    Net cash provided by operating activities (U.S. GAAP) $34,516  $46,789 
    Payments for property, plant, and equipment  (33,574)  (41,812)
    Free cash flow (Non-U.S. GAAP) $942  $4,977 



    ¹Adjusted and Non-U.S. GAAP Financial Measures: Adjusted net earnings, adjusted earnings per share, adjusted EBIT, adjusted EBITDA, adjusted effective tax rate, and adjusted nonsegment expenses exclude, as applicable, (i) a non-recurring gain related to a previous acquisition, (ii) costs related to business development activities, and (iii) gains related to product rationalization activities. The product rationalization adjustment pertains to gains related to the elimination of certain product lines. The Company believes that these excluded items are short‐term in nature, not directly related to the ongoing operations of the business, and therefore, the exclusion of them illustrates more clearly how the underlying business of Woodward is performing.

    EBIT (earnings before interest and taxes), EBITDA (earnings before interest, taxes, depreciation and amortization), free cash flow, adjusted net earnings, adjusted earnings per share, adjusted EBIT, adjusted EBITDA, adjusted effective tax rate, and adjusted nonsegment expenses are financial measures not prepared and presented in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). Management uses EBIT and adjusted EBIT to evaluate Woodward's operating performance without the impacts of financing and tax related considerations. Management uses EBITDA and adjusted EBITDA in evaluating Woodward's operating performance, making business decisions, including developing budgets, managing expenditures, forecasting future periods, and evaluating capital structure impacts of various strategic scenarios. Management also uses free cash flow, which is derived from net cash provided by or used in operating activities less payments for property, plant, and equipment, in reviewing the financial performance of Woodward's various business segments and evaluating cash generation levels. Securities analysts, investors, and others frequently use EBIT, EBITDA, free cash flow, in their evaluation of companies, particularly those with significant property, plant, and equipment, and intangible assets that are subject to amortization. The use of any of these non-U.S. GAAP financial measures is not intended to be considered in isolation of, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. Because adjusted net earnings, adjusted earnings per share, EBIT, EBITDA, adjusted EBIT, and adjusted EBITDA exclude certain financial information compared with net earnings, the most comparable U.S. GAAP financial measure, users of this financial information should consider the information that is excluded. Free cash flow do not necessarily represent funds available for discretionary use and is not necessarily a measure of our ability to fund our cash needs. Woodward's calculations of EBIT, EBITDA, adjusted net earnings, adjusted earnings per share, adjusted EBIT, adjusted EBITDA, adjusted effective tax rate, adjusted nonsegment expenses, and free cash flow may differ from similarly titled measures used by other companies, limiting their usefulness as comparative measures.

    ²Website, Facebook, X: Woodward has used, and intends to continue to use, its Investor Relations website, LinkedIn page, Facebook page, and X handle as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

    Contact:Dan Provaznik

    Director, Investor Relations

    970-498-3849

    [email protected]


    Primary Logo

    Get the next $WWD alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $WWD

    DatePrice TargetRatingAnalyst
    6/3/2025$291.00Hold → Buy
    Deutsche Bank
    10/4/2024$186.00 → $160.00Buy → Hold
    TD Cowen
    8/21/2024$152.00 → $187.00Hold → Buy
    Truist
    7/31/2024$170.00 → $190.00Hold → Buy
    Jefferies
    7/31/2024$197.00 → $158.00Buy → Hold
    Deutsche Bank
    2/1/2024$148.00Overweight → Neutral
    Alembic Global Advisors
    1/10/2024$105.00 → $153.00Sell → Buy
    Goldman
    10/11/2023$152.00Buy
    UBS
    More analyst ratings

    $WWD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP and President, Industrial Hobbs Randall sold $120,000 worth of Woodward (500 units at $240.00), decreasing direct ownership by 0.99% to 49,827 units (SEC Form 4)

      4 - Woodward, Inc. (0000108312) (Issuer)

      6/20/25 9:49:54 AM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • EVP and President, Aerospace Voskuil Terence J. exercised 4,600 units of Woodward at a strike of $81.03 and sold $1,075,320 worth of Woodward (4,600 units at $233.77) (SEC Form 4)

      4 - Woodward, Inc. (0000108312) (Issuer)

      6/11/25 3:49:08 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • EVP and President, Aerospace Voskuil Terence J. exercised 20,000 units of Woodward at a strike of $75.61 and sold $4,597,694 worth of Woodward (20,000 units at $229.88) (SEC Form 4)

      4 - Woodward, Inc. (0000108312) (Issuer)

      6/5/25 5:14:42 PM ET
      $WWD
      Industrial Machinery/Components
      Energy

    $WWD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Woodward upgraded by Deutsche Bank with a new price target

      Deutsche Bank upgraded Woodward from Hold to Buy and set a new price target of $291.00

      6/3/25 7:26:19 AM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • Woodward downgraded by TD Cowen with a new price target

      TD Cowen downgraded Woodward from Buy to Hold and set a new price target of $160.00 from $186.00 previously

      10/4/24 7:50:27 AM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • Woodward upgraded by Truist with a new price target

      Truist upgraded Woodward from Hold to Buy and set a new price target of $187.00 from $152.00 previously

      8/21/24 7:43:26 AM ET
      $WWD
      Industrial Machinery/Components
      Energy

    $WWD
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Woodward Selected by Airbus as Supplier for the Hydraulic A350 Spoiler Actuation System

      ~The agreement includes full services for the A350 Spoiler Actuation System~ FORT COLLINS, Colo., June 16, 2025 (GLOBE NEWSWIRE) -- Today, Woodward (NASDAQ:WWD), a global leader in aerospace and industrial energy control solutions, announced that Airbus has selected Woodward as the supplier for the electro-hydraulic A350 Spoiler Actuation System. The agreement includes actuation systems for 12 of the 14 aircraft spoilers, as well as maintenance and repair services for the Woodward-supplied A350 Spoiler Actuation System in support of A350 operators and Airbus' Flight Hour Services (FHS) business. The Airbus A350 is a long-range, widebody twin-engine airliner that has been in service since

      6/16/25 12:00:35 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • nLIGHT, Inc. Appoints Mark Hartman to Board of Directors

      nLIGHT, Inc. (NASDAQ:LASR), a leading provider of high-power lasers for mission critical directed energy, optical sensing, and advanced manufacturing applications, today announced the appointment of Mark Hartman to its Board of Directors as a Class III director with a term expiring at the Company's 2027 annual meeting of stockholders. Mr. Hartman also was appointed to serve on the Audit Committee of the Board of Directors and is replacing Doug Carlisle, who resigned effective June 12, 2025. Mr. Carlisle served as a director of nLIGHT since 2001. "Mark has a proven track record of financial management and operational excellence and will bring an important perspective to our Board as we con

      6/13/25 8:05:00 AM ET
      $LASR
      $WWD
      Semiconductors
      Technology
      Industrial Machinery/Components
      Energy
    • Woodward Reports Second Quarter Fiscal Year 2025 Results

      ~Results in Line with Expectations, on Track to Deliver Full-Year Guidance~ FORT COLLINS, Colo., April 28, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its second quarter of fiscal year 2025. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All references to years are references to the Company's fiscal year unless otherwise stated. All comparisons are made to the same period of the prior year unless otherwise stated. Second Quarter Overview  Second Quarter 2025 Year to Date – Fiscal Year 2025Net sales$884M, 6% $1,656M, 2%Net earnings$

      4/28/25 4:00:11 PM ET
      $WWD
      Industrial Machinery/Components
      Energy

    $WWD
    SEC Filings

    See more
    • SEC Form 144 filed by Woodward Inc.

      144 - Woodward, Inc. (0000108312) (Subject)

      6/18/25 4:11:38 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • SEC Form SD filed by Woodward Inc.

      SD - Woodward, Inc. (0000108312) (Filer)

      5/30/25 12:45:27 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • SEC Form 144 filed by Woodward Inc.

      144 - Woodward, Inc. (0000108312) (Subject)

      5/27/25 4:11:23 PM ET
      $WWD
      Industrial Machinery/Components
      Energy

    $WWD
    Financials

    Live finance-specific insights

    See more
    • Woodward Reports Second Quarter Fiscal Year 2025 Results

      ~Results in Line with Expectations, on Track to Deliver Full-Year Guidance~ FORT COLLINS, Colo., April 28, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its second quarter of fiscal year 2025. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All references to years are references to the Company's fiscal year unless otherwise stated. All comparisons are made to the same period of the prior year unless otherwise stated. Second Quarter Overview  Second Quarter 2025 Year to Date – Fiscal Year 2025Net sales$884M, 6% $1,656M, 2%Net earnings$

      4/28/25 4:00:11 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • Woodward Announces Declaration of Dividend

      FORT COLLINS, Colo., April 24, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.28 per share for the quarter, payable on June 5, 2025, for stockholders of record as of May 22, 2025. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world's harshest environments. W

      4/24/25 4:15:48 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • Woodward Schedules Fiscal 2025 Second Quarter Earnings Release and Conference Call

      FORT COLLINS, Colo., April 14, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) announced today that it expects to report its fiscal 2025 second quarter financial results at approximately 4:00 p.m. ET on Monday, April 28, 2025. A news release will be issued at that time and a conference call will be held at 5:00 p.m. ET. During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company's website, www.woodward.com, on April 28, 2025. The call and presentation will be available on the website by selecting "Investors / Events and Presentations" from the menu and will remain accessible on

      4/14/25 4:12:39 PM ET
      $WWD
      Industrial Machinery/Components
      Energy

    $WWD
    Leadership Updates

    Live Leadership Updates

    See more
    • nLIGHT, Inc. Appoints Mark Hartman to Board of Directors

      nLIGHT, Inc. (NASDAQ:LASR), a leading provider of high-power lasers for mission critical directed energy, optical sensing, and advanced manufacturing applications, today announced the appointment of Mark Hartman to its Board of Directors as a Class III director with a term expiring at the Company's 2027 annual meeting of stockholders. Mr. Hartman also was appointed to serve on the Audit Committee of the Board of Directors and is replacing Doug Carlisle, who resigned effective June 12, 2025. Mr. Carlisle served as a director of nLIGHT since 2001. "Mark has a proven track record of financial management and operational excellence and will bring an important perspective to our Board as we con

      6/13/25 8:05:00 AM ET
      $LASR
      $WWD
      Semiconductors
      Technology
      Industrial Machinery/Components
      Energy
    • Woodward Appoints Ron Charles as Chief Human Resources Officer

      FORT COLLINS, Colo., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ:WWD), a leader in aerospace and industrial energy control solutions, today announced the appointment of Ron Charles as its Executive Vice President and Chief Human Resources Officer, effective September 9. In this role, he will lead the company's overall human resources function, including organizational capability, member experience, talent management, total rewards, and diversity, inclusion and belonging, as well as communications and brand. He will be instrumental in advancing Woodward's efforts to build its talent powerhouse and create a great place to work. As an Executive Vice President and member of the Woodwar

      9/9/24 5:33:51 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • Woodward Appoints Karrie Bem as General Counsel, Corporate Secretary, and Chief Compliance Officer

      FORT COLLINS, Colo., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ:WWD), a leader in aerospace and industrial energy control solutions, today announced the appointment of Karrie Bem as Executive Vice President, General Counsel, Corporate Secretary, and Chief Compliance Officer, effective September 16. In this role, she will be responsible for leading the company's overall legal and compliance function. This includes developing and maintaining comprehensive programs, processes and procedures for legal, ethics and compliance matters, contracts and negotiations, labor and employment, trade compliance and intellectual property, among other areas. As an Executive Vice President and member

      8/29/24 5:04:28 PM ET
      $WWD
      Industrial Machinery/Components
      Energy

    $WWD
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Woodward Inc.

      SC 13G/A - Woodward, Inc. (0000108312) (Subject)

      11/14/24 4:15:02 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • SEC Form SC 13G/A filed by Woodward Inc. (Amendment)

      SC 13G/A - Woodward, Inc. (0000108312) (Subject)

      2/14/24 4:09:49 PM ET
      $WWD
      Industrial Machinery/Components
      Energy
    • SEC Form SC 13G/A filed by Woodward Inc. (Amendment)

      SC 13G/A - Woodward, Inc. (0000108312) (Subject)

      2/13/24 5:17:36 PM ET
      $WWD
      Industrial Machinery/Components
      Energy