Park Aerospace Q1 FY2022 net sales $13.6M, net earnings from continuing ops $2.7M, up YoY

PARK AEROSPACE CORP

2022-Q1 EPS reported $0.13 revenue$13,594,000

Net sales $13.6M, up 11.3% YoY from $12.2M; net earnings from continuing ops $2.7M vs $2.0M YoY.
Adjusted EBITDA from continuing ops $4.1M, up 73.6% YoY from $2.4M.
EPS from continuing ops $0.13 vs $0.10 YoY; EPS before special items $0.14 basic.
Restructuring charge $14k, down sharply from $1.57M in prior Q4 (Singapore asset impairment).
No forward guidance provided; Aerospace Business continues to be sole reporting segment.

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