secwatch.observer — SEC 8-K summary
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Issuer:     PARK AEROSPACE CORP (PKE)
CIK:        0000076267
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001437749-23-013795
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park Aerospace Q4 net earnings $4.7M ($0.23 EPS) on $2.8M tax benefit; adj EBITDA down 15%
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- Q4 net earnings $4.706M ($0.23 diluted EPS) vs $1.956M ($0.10) YoY; includes $2.791M tax benefit from reduced uncertain tax positions.
- Q4 adjusted EBITDA $2.625M vs $3.083M YoY; net sales $13.53M vs $12.50M, up 8%.
- Full-year net sales $54.055M, slightly up from $53.578M; net earnings $10.731M ($0.52 EPS) vs $8.464M ($0.41).
- FY EPS before special items $0.40 vs $0.42 diluted prior year; adjusted EBITDA $11.459M vs $13.089M, down 12%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76267/000143774923013795/0001437749-23-013795-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76267/000143774923013795/pke20230510_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-013795

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer