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Park Aerospace Corp. reported an increase in net sales for the fourth quarter of fiscal year 2024, but a decrease in net earnings compared to the same quarter of the previous year. Net sales reached $16.333 million, while net earnings were $2.670 million.
Net sales for Q4 2024 increased to $16.333 million from $13.530 million in Q4 2023.
Net earnings for Q4 2024 decreased to $2.670 million from $4.706 million in Q4 2023.
Basic and diluted earnings per share for Q4 2024 were $0.13, compared to $0.23 in Q4 2023.
Adjusted EBITDA for Q4 2024 was $3.201 million, compared to $2.625 million in Q4 2023.
Forward-looking and other material information may be discussed in the conference call.