•
May 28, 2023

Park Aerospace Q1 2024 Earnings Report

Reported first quarter results for fiscal year 2024.

Key Takeaways

Park Aerospace Corp. reported a net sales increase for the first quarter of fiscal year 2024, with net earnings slightly decreased compared to the same quarter of the previous year.

Net sales for the quarter were $15,551,000, up from $12,783,000 in the same quarter last year.

Net earnings were $1,854,000, compared to $1,910,000 for the same quarter last year.

Basic and diluted earnings per share were $0.09, the same as the first quarter of the previous year.

Adjusted EBITDA for the quarter was $3,311,000, compared to $2,804,000 for the same quarter last year.

Total Revenue
$15.6M
Previous year: $12.8M
+21.7%
EPS
$0.12
Previous year: $0.09
+33.3%
Gross Profit
$4.83M
Previous year: $5.31M
-9.0%
Cash and Equivalents
$5.84M
Previous year: $4.33M
+34.7%
Free Cash Flow
-$50K
Previous year: -$44K
+13.6%
Total Assets
$137M
Previous year: $161M
-14.7%

Park Aerospace

Park Aerospace