Company Increases FY 2018 Guidance for Revenue (ASC 606), EPS and Operating Cash Flow ASC 606 – Third Quarter 2018 GAAP revenue of $289.4 million and non-GAAP revenue of $293.0 million GAAP diluted earnings per share of $1.04 and non-GAAP diluted earnings per share of $1.31 GAAP operating profit margin of 32.1% and non-GAAP operating profit margin of 44.0% Deferred revenue and backlog of $544.7 million at September 30, 2018 ASC 605 – Third Quarter 2018 (as if previous revenue recognition guidance was in effect) GAAP revenue of $302.0 million and…
Read MoreDay: November 7, 2018
Woodward Reports Fiscal Year 2018 Results and Fiscal Year 2019 Outlook
FORT COLLINS, Colo., Nov. 07, 2018 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2018 and fourth quarter ending September 30, 2018. (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.) Fourth Quarter Fiscal 2018 Overview Net sales were $719 million for the fourth quarter of 2018, an increase of 19 percent from the fourth quarter of last year. Organic net sales1, which exclude sales of $78 million…
Read MoreTrifo Builds the Next Generation of AI Home Robots with $11 Million in New Funding
Creating Smart Connections Between Robots, Homes and Occupants; Names New Chief Operating Officer to Accelerate Growth SANTA CLARA, Calif., Nov. 07, 2018 (GLOBE NEWSWIRE) — Trifo, an Artificial Intelligence (AI) home robot company, today announced it has received $11 million in funding to build the next generation of smart home robots. Focusing on indoor home environments, Trifo has developed an end-to-end integrated hardware/software system with sensing, perception, and decision capabilities designed to perceive physics, geometry and home environment semantics. This enables robots to communicate with humans more naturally and continuously…
Read MoreKYMCO Introduces at EICMA 2018 SuperNEX Electric Supersport Motorcycle
A Revolutionary New Concept that Shapes the Electric Era of Supersport Motorcycles MILAN, ITALY – November 7, 2018 – At EICMA 2018 KYMCO announced the launch of KYMCO SuperNEX, a fusion of “supersport” and “electric” that delivers everything modern supersport riders dream of. “While people have no doubt that the next era of personal transportation is electric,” said Allen Ko, KYMCO chairman. “Many are still pondering over the profound implications of electric in the world of supersport motorcycles.” The quiet nature of the electric motor troubles motorcycle enthusiasts for the…
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