10-QPeriod: Q2 FY2010

CURTISS WRIGHT CORP Quarterly Report for Q2 Ended Jun 30, 2010

Filed August 9, 2010For Securities:CW

Summary

Curtiss-Wright Corporation's (CW) second quarter 2010 report, filed August 9, 2010, reveals a company navigating the economic landscape with notable performance in key segments. While specific financial figures are not provided in the excerpt, the filing indicates a comprehensive review of the company's financial condition and results of operations. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) section for detailed insights into revenue drivers, profitability, and operational challenges faced during the period ending June 30, 2010. The report covers the unaudited financial statements, including the statements of earnings, balance sheets, cash flows, and stockholders' equity. These statements, along with the accompanying notes, provide the foundational data for understanding the company's financial health. The inclusion of market risk disclosures and details on controls and procedures further underscores the company's commitment to transparency and regulatory compliance. Investors are encouraged to examine the MD&A for management's perspective on the business outlook and strategic initiatives.

Financial Highlights

52 data points
Beta

Revenue

$462.17M

33.4% Gross Margin

Net Income

$25.90M

5.6% Net Margin

EPS (Diluted)

$0.56

Total Assets

$2.23B

Cash & Equivalents

$71.74M

Free Cash Flow

$14.12M

Financial Statements
Beta
Revenue$462.17M
Cost of Revenue$307.78M
Gross Profit$154.38M
R&D Expenses$13.84M
Operating Income$43.43M
Interest Expense$5.70M
Net Income$25.90M
EPS (Basic)$0.57
EPS (Diluted)$0.56
Shares Outstanding (Basic)45.74M
Shares Outstanding (Diluted)46.31M

Key Highlights

  • 1The filing covers the unaudited condensed consolidated financial statements for the period ending June 30, 2010.
  • 2Management's Discussion and Analysis (MD&A) is included, providing insights into financial condition and results of operations.
  • 3Quantitative and Qualitative Disclosures about Market Risk are presented.
  • 4Information regarding Controls and Procedures is detailed.
  • 5The report addresses Legal Proceedings and Risk Factors, crucial for understanding potential business impacts.
  • 6Key exhibits related to the quarter's performance and regulatory compliance are available.

Frequently Asked Questions

While the provided excerpt does not contain specific financial figures, the 'Condensed Consolidated Statements of Earnings' and 'Management's Discussion and Analysis' sections within the 10-Q filing would detail revenue, net income, earnings per share, and other critical performance metrics. Investors should refer to these sections for precise financial results.

The excerpt does not specify the business segments. However, the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section is where Curtiss-Wright would typically break down its performance by operating segment, discussing revenue, profitability, and operational trends for each.

Item 1A, 'Risk Factors,' in Part II of the filing is dedicated to outlining potential risks. This could include market conditions, economic factors, competitive pressures, regulatory changes, or operational challenges that might affect the company's future performance.

Item 1, 'Legal Proceedings,' in Part II of the filing addresses any material pending legal actions. Investors should review this section for any litigation that could result in significant financial liabilities or operational disruptions.