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Sep 30, 2023
Ducommun Q3 2023 Earnings Report
Ducommun reported record quarterly revenue and adjusted operating income, driven by growth in commercial aerospace and defense, and strong margin expansion.
Key Takeaways
Ducommun Incorporated reported an outstanding third quarter with record quarterly revenue of $196.3 million, a 5% increase year-over-year. The company experienced growth in both Commercial Aerospace and Defense sectors, alongside significant margin expansion, leading to an adjusted EBITDA of 14.9%.
Net revenue reached a record high of $196.3 million.
Net income was $3.2 million, or $0.22 per diluted share.
Adjusted net income amounted to $10.3 million, or $0.70 per diluted share.
Adjusted EBITDA reached an all-time high of $29.3 million, representing 14.9% of revenue.
Revenue by Segment
Forward Guidance
Ducommun is well positioned to execute its Vision 2027 plan, with positive catalysts expected to significantly drive shareholder value in the quarters and years ahead.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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