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Nov 27, 2022
Park Aerospace Q3 2023 Earnings Report
Park Aerospace Corp. reported third quarter results for fiscal year 2023.
Key Takeaways
Park Aerospace Corp. reported net sales of $13,867,000 and net earnings of $2,230,000 for the 2023 fiscal year third quarter ended November 27, 2022.
Net sales for the quarter were $13,867,000, slightly up from $13,864,000 in the same quarter last year.
Net earnings for the quarter were $2,230,000, compared to $1,741,000 for the same quarter last year.
Basic and diluted earnings per share were $0.11 for the quarter, compared to basic earnings per share of $0.09 and diluted earnings per share of $0.08 for the same quarter last year.
Adjusted EBITDA for the quarter was $3,321,000, compared to $2,670,000 for the same quarter last year.