Park Aerospace Q1 2022 Earnings Report
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.
Park Aerospace
Park Aerospace
Forward Guidance
Forward-looking and other material information may be discussed in the conference call.