Park Aerospace Q4 2024 Earnings Report

Park Aerospace Corp. reported mixed results for Q4 2024, with increased net sales but decreased net earnings compared to the previous year.

Key Takeaways

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.

Total Revenue

$16.3M

Previous year: $13.5M