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Feb 28, 2021
Park Aerospace Q4 2021 Earnings Report
Park Aerospace reported fourth quarter and fiscal year results, with net sales of $14.44 million and net earnings of $1.03 million.
Key Takeaways
Park Aerospace Corp. reported a decrease in net sales and net earnings for the fourth quarter of fiscal year 2021 compared to the same period last year. The company's net sales were $14.44 million, and net earnings were $1.03 million. The company recorded a pretax restructuring charge of $1.57 million.
Net sales for the quarter were $14.44 million, compared to $15.49 million in the prior year's quarter.
Net earnings for the quarter were $1.03 million, compared to $2.63 million in the prior year's quarter.
Basic and diluted earnings per share from continuing operations were $0.05 for the quarter, compared to $0.13 in the prior year's quarter.
The company recorded a pretax restructuring charge of $1.57 million during the quarter.
Forward Guidance
Forward-looking and other material information may be discussed in the conference call.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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