10-Q quarterly report · filed Feb 3, 2015

Moog Inc (MOG-A) Q1 2015 10-Q Quarterly Report

Short answer

Moog Inc (MOG-A) filed its Q1 2015 10-Q quarterly report on Feb 3, 2015 for the quarter ended Jan 3, 2015.

Moog Inc Q1 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $630.5M, down 2% YoY from $643.4M, with $12M foreign-exchange impact
  • Gross margin 29.2% vs 31.0% YoY, affected by Aircraft Controls mix, pension and obsolescence costs
  • Best segment Medical Devices: margin 14.9% vs 11.4%; worst Aircraft Controls: margin 9.2% vs 12.0%
  • Operating cash flow $78.5M vs $68.2M; $106M deployed for share repurchases
  • 2015 sales guidance down 3% to $2.57B, with industrial conditions, oil prices and defense declines as headwinds

Risk Factors

  • No material risk-factor changes identified, with the provided text ending before the 10-Q Risk Factors section
  • Contract claims risk: delays, cost growth, or unfavorable customer settlements could require additional loss provisions
  • Environmental compliance risk: pending Superfund-related proceedings and other governmental matters
  • Liquidity risk: $100,000 securitization program maturing February 13, 2015
  • Currency risk: $42,906 foreign-currency translation loss in comprehensive income in the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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