Park Aerospace Q1 net sales down 10% to $13.97M; EPS falls to $0.05

PARK AEROSPACE CORP

2024-Q1 EPS reported $0.05 revenue$13,970,000

Net sales $13.97M vs $15.55M prior year (-10.2%); net earnings $993K vs $1.854M.
Adjusted EBITDA $2.61M vs $3.31M prior year; net earnings before special items $1.78M.
Recorded pre-tax charge of $1.05M for storm damage to Newton, Kansas facilities in Q1.
Basic EPS $0.05 vs $0.09 prior year; adjusted EPS $0.09 vs $0.12.
No forward guidance provided; conference call scheduled for 5:00 PM EDT today.

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