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May 30, 2021
Park Aerospace Q1 2022 Earnings Report
Park Aerospace Corp. reported first quarter results for the 2022 fiscal year, showing increased net sales and earnings compared to the previous year.
Key Takeaways
Park Aerospace Corp. reported a net sales increase to $13.594 million and net earnings from continuing operations of $2.745 million for the first quarter of fiscal year 2022. The company's adjusted EBITDA from continuing operations was $4.104 million.
Net sales for the quarter were $13.594 million, compared to $12.213 million in the same quarter last year.
Net earnings from continuing operations reached $2.745 million, up from $1.972 million in the prior year's first quarter.
Adjusted EBITDA from continuing operations was $4.104 million, a significant increase from $2.364 million in the first quarter of the previous fiscal year.
Basic and diluted earnings per share from continuing operations were $0.13, compared to $0.10 in the same quarter of the previous year.
Forward Guidance
Forward-looking and other material information may be discussed in the conference call.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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