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Nov 26, 2023
Park Aerospace Q3 2024 Earnings Report
Park Aerospace reported third quarter results, showing decreased net sales and net earnings compared to the previous year.
Key Takeaways
Park Aerospace Corp. reported a decrease in net sales and net earnings for the third quarter of fiscal year 2024 compared to the same quarter of the previous year. Net sales were $11.639 million, and net earnings were $1.203 million.
Net sales for the quarter were $11.639 million, down from $13.867 million in the same quarter last year.
Net earnings for the quarter were $1.203 million, compared to $2.230 million in the prior year's quarter.
Basic and diluted earnings per share were $0.06, down from $0.11 in the third quarter of fiscal year 2023.
Adjusted EBITDA for the quarter was $1.808 million, compared to $3.321 million for the same period last year.
Park Aerospace
Park Aerospace
Forward Guidance
Forward-looking and other material information may be discussed in the conference call.