$WWD (Woodward, Inc.)

$WWD {{ '2016-05-17T04:45:35+0000' | timeago}} • Announcement

Control systems maker $WWD said its BoD has appointed Jonathan (Jack) Thayer, CFO of $EXC, to its Board, effective immediately. Thayer was also appointed to the Audit Committee of the Board.

$WWD {{ '2017-12-04T22:18:16+0000' | timeago}} • Announcement

$WWD announced that Matthew F. Taylor was appointed as President of the Airframe Systems business group, effective February 2, 2018. Mr. Taylor will succeed Marty Glass, who recently announced his plan to retire from the company.

$WWD {{ '2017-10-16T17:01:07+0000' | timeago}} • Announcement

$WWD said Martin Glass, President of its Airframe Systems group, will retire, effective Feb. 2, 2018, after over 40 years of dedicated service. Glass will continue to lead the Airframe Systems business group until his retirement date.

$WWD {{ '2017-09-20T18:40:16+0000' | timeago}} • Announcement

$WWD announced that its BoD declared a cash dividend of $0.125 per share, payable on November 27, 2017, for stockholders of record as of November 13, 2017.

$WWD {{ '2017-08-31T19:12:50+0000' | timeago}} • Announcement

$WWD has appointed Dan Bowman as Corporate VP of Strategy and Business Development. In his new role, Bowman will lead Woodward’s business development activity as well as enterprise-wide, long-range strategic planning. He was VP Sales, Marketing and Commercial Operations for the Aircraft Turbine Systems group of Woodward.

$WWD {{ '2017-07-28T20:57:43+0000' | timeago}} • Announcement

$WWD's BoD declared a quarterly cash dividend of $0.125 per share. The dividend is payable on Sept. 5, 2017, for stockholders of record as of Aug. 22, 2017.

$WWD {{ '2017-04-24T15:39:19+0000' | timeago}} • Announcement

$WWD declared a cash dividend of $0.125 per share for the quarter, payable on June 5, 2017, for stockholders of record as of May 22, 2017.

$WWD {{ '2017-02-16T18:29:38+0000' | timeago}} • Announcement

$WWD announced that its BoD appointed Daniel Korte to serve on the Board, effective immediately. Korte will also serve on the Audit Committee of the Board.

$WWD {{ '2017-01-30T23:21:58+0000' | timeago}} • Announcement

The BoD of $WWD authorized a new stock repurchase program of up to $500MM. The company purchased approx. $250MM of stock under the previously authorized $300MM program. This program was terminated and replaced by the new program, which will expire in Nov. 2019.

$WWD {{ '2017-01-26T20:17:53+0000' | timeago}} • Announcement

$WWD announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share, an increase of approximately 14%. The dividend will be payable on March 6, 2017, for stockholders of record as of February 20, 2017.

$WWD {{ '2017-01-23T22:26:49+0000' | timeago}} • Webcast

$WWD said in the Aerospace commercial aftermarket, it is seeing contracts for maintenance coming through. The company is confident in the full-year 2017 outlook for this area. For 1Q17, $WWD was expecting a slight softness on the gas turbine OEM side in terms of timing of orders. $WWD is on plan and is feeling positive for 2017.

$WWD {{ '2017-01-23T22:07:03+0000' | timeago}} • Webcast

$WWD generated $52MM of cash flow from operations for 1Q17. Free cash flow was $31MM and Capex was $21MM. In 1Q17, the company repurchased shares of its common stock for an aggregate purchase price of $24MM.

$WWD {{ '2017-01-23T21:59:48+0000' | timeago}} • Webcast

During 1Q17, net sales in $WWD’s Aerospace segment were $267MM compared to $269MM for 1Q16. Industrial segment net sales for 1Q17 were $176MM, comparable to the first quarter a year ago.

$WWD {{ '2017-01-23T21:35:19+0000' | timeago}} • Announcement

$WWD's FY17 guidance is unchanged. Net sales are expected to increase by approx. 4-6% from the prior year and EPS is expected to be between $2.95-3.25. Sales and earnings for both segments are anticipated to be in line with original guidance.

$WWD {{ '2017-01-23T21:32:04+0000' | timeago}} • Announcement

Energy control solutions provider $WWD reported an increase in 1Q17 earnings. Net earnings were $47MM or $0.73 per share compared to $26MM or $0.40 per share in 1Q16. 1Q16 earnings included after-tax special charges totaling $10MM or $0.16 per share. Net sales were $443MM in 1Q17 compared to $445MM in 1Q16.

$WWD {{ '2016-11-15T18:59:26+0000' | timeago}} • Announcement

$WWD said its Engine Systems and Industrial Turbomachinery Systems groups were consolidated into a combined Industrial Systems group. This is to create a leaner organization that will be well-positioned to drive long-term growth and profitability.

$WWD {{ '2016-11-14T21:44:53+0000' | timeago}} • Announcement

$WWD sees FY17 net sales growth of about 4-6% and EPS of $2.95-3.25. $WWD expects to accelerate cash generation and drive increased value for its shareholders. $WWD sees substantial growth in its Aerospace segment on strength in both commercial and defense markets, while Industrial segment will continue to be impacted by macroeconomic uncertainty.

$WWD {{ '2016-11-14T21:43:51+0000' | timeago}} • Announcement

$WWD's sales from Industrial segment remained consistent with the prior year, as heavy frame gas turbine OEM sales improved and aftermarket sales across all markets remained strong. This was offset by continued weakness in reciprocating engines and other large capital projects.

$WWD {{ '2016-11-14T21:43:23+0000' | timeago}} • Announcement

$WWD's net sales from Aerospace segment for 4Q16 grew 9% YoverY. The sales growth was strong for both defense and commercial programs. Defense aftermarket showed continuing strength and production on new commercial aircraft programs and related initial provisioning is increasing. Business jet and rotorcraft sales remain weak.

$WWD {{ '2016-11-14T21:42:49+0000' | timeago}} • Announcement

$WWD, maker of cockpit controls and other equipment for defense and aerospace markets, reported a rise in 4Q16 earnings on higher sales from Aerospace segment. Net income rose to $63.15MM or $0.99 per share from $50.06MM or $0.77 per share last year. Net sales grew to $590.9MM from $562.6MM.

$WWD {{ '2016-10-26T22:48:18+0000' | timeago}} • Webcast

$WWD said it appointed John Tysver as Corporate Vice President of Technology. In this new role, Mr. Tysver will focus on strengthening and leveraging technology, product platforms and R&D roadmaps across the company.

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