Park Aerospace Q4 2020 Earnings Report
Key Takeaways
Park Aerospace Corp. reported a decrease in net sales but an increase in net earnings for the 2020 fiscal year fourth quarter ended March 1, 2020. Net sales were $15,494,000 compared to $16,659,000 for the 2019 fiscal year fourth quarter. Net earnings from continuing operations were $2,633,000 compared to $1,588,000 for the 2019 fiscal year fourth quarter.
Net sales for Q4 2020 were $15.49 million, down from $16.66 million in Q4 2019.
Net earnings from continuing operations for Q4 2020 were $2.63 million, up from $1.59 million in Q4 2019.
Basic and diluted earnings per share from continuing operations were $0.13 for Q4 2020, compared to $0.08 for Q4 2019.
EBITDA from continuing operations before special items for Q4 2020 was $3.61 million, compared to $4.25 million for Q4 2019.
Park Aerospace
Park Aerospace
Forward Guidance
Forward-looking and other material information may be discussed in the conference call.