Woodward Governor Company (WGOV) Announces Financial Results for Q1 2009
Woodward Governor Company reported its financial results for its first quarter of fiscal year 2009. Net sales for the quarter totaled $344.7 million, up 27 percent from the same period of last year. Net earnings for the quarter were $27.1 million, or $0.39 per share, compared with $25.3 million, or $0.36 per share, in last year's first quarter. Chairman and Chief Executive Officer Thomas A. Gendron stated, "Growth continued in our businesses and markets through our fiscal first quarter, although at a more moderate pace than in recent quarters. We remain focused on cost control and capitalizing on opportunities that…