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Nov 29, 2020
Park Aerospace Q3 2021 Earnings Report
Park Aerospace reported a decrease in net sales and net earnings for the third quarter of fiscal year 2021.
Key Takeaways
Park Aerospace Corp. reported a decrease in net sales to $10.372 million and net earnings to $1.037 million for the third quarter of fiscal year 2021, compared to the same period last year. The company's EBITDA also decreased to $1.380 million.
Net sales for the quarter were $10.372 million, compared to $15.847 million in the same quarter last year.
Net earnings for the quarter were $1.037 million, compared to $2.806 million in the same quarter last year.
Basic and diluted earnings per share from continuing operations were $0.05, compared to $0.14 in the same quarter last year.
EBITDA from continuing operations for the quarter was $1.380 million, compared to $3.622 million in the same quarter last year.