Loading...
•
Sep 28, 2024
Ducommun Q3 2024 Earnings Report
Ducommun's Q3 2024 earnings were reported, featuring record quarterly revenue and strong gross margin growth.
Key Takeaways
Ducommun Incorporated reported a 2.6% increase in net revenue to $201.4 million for Q3 2024, marking a record quarterly revenue. Net income increased by 216% year-over-year to $10.1 million, and the company achieved a record gross margin of 26.2%.
Net revenue increased by 2.6% year-over-year, reaching $201.4 million.
Net income increased by 216% year-over-year to $10.1 million, or $0.67 per diluted share.
Gross margin grew by 350 bps year-over-year to 26.2%.
Adjusted EBITDA increased by 9% year-over-year to $31.9 million, or 15.8% of revenue.
Revenue by Segment
Forward Guidance
Ducommun is on track to deliver its long-term goals despite headwinds from aircraft OEMs, including the labor strike at Boeing.
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
Loading earnings performance data...
Loading earnings reaction data...