Park Aerospace Q2 net sales down 10% to $12.5M; EPS flat at $0.09

PARK AEROSPACE CORP

2023-Q2 EPS reported $0.18 revenue$28,032,000

Net sales $12.5M vs $13.9M prior year Q2; six-month sales up 5% to $28.0M.
Net earnings $1.7M vs $1.9M prior year Q2; EPS $0.09 unchanged.
Adjusted EBITDA $2.7M vs $2.7M prior year Q2; six-month Adj. EBITDA $6.0M vs $5.5M.
Special items: $570K activist defense costs, $109K stock option modification charge in H1.
No forward guidance provided; special dividend of $1.00/share paid April 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PARK AEROSPACE CORP reported 2024 fiscal year second quarter ended August 27, 2023 results: revenue $12,481,000, net income $1,746,000, EPS $0.09.

Period: 2024 fiscal year second quarter ended August 27, 2023
Revenue: $12,481,000
Net income: $1,746,000
EPS: $0.09
Result: reported results

Exact text from the filing

Park reported net sales of $12,481,000 for the 2024 fiscal year second quarter ended August 27, 2023 compared to $13,875,000 for the 2023 fiscal year second quarter ended August 28, 2022 and $15,551,000 for the 2024 fiscal year first quarter ended May 28, 2023.

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Source: SEC EDGAR

accession 0001437749-23-027769

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