Woodward Inc. CFO Reports 7% Revenue Growth

By Tamara Parker • Thursday, September 05 07:57 • Permanent Link

In the recent Woodward Inc. and Goldman Sachs fireside chat, the company's Chief Financial Officer, William Lacey, discussed the financial performance of Woodward Inc. alongside Noah Poponak, the aerospace and defense equity research analyst at Goldman Sachs.

Lacey highlighted the changes in Woodward Inc.'s financial metrics since the last period, providing specific figures. He mentioned that the company's revenue had increased by 7% compared to the previous period. Additionally, Lacey noted that the operating margin had expanded by 2% since the last period, demonstrating improved operational efficiency.

Furthermore, he highlighted that Woodward Inc. had achieved a 10% increase in its earnings per share (EPS) compared to the previous period, indicating enhanced profitability.

Following these announcements, the company's shares moved 1.7%, and are now trading at a price of $162.05. For the full picture, make sure to review Woodward's 8-K report.

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