earnings
confidence high
sentiment positive
materiality 0.70
Ducommun Q4 revenue up 4.5% to $164.8M; adjusted EPS $0.79; backlog $905M; acquired MagSeal for $69.5M
DUCOMMUN INC /DE/
2021-FY EPS reported
$11.06
revenue$645,413,000
- GAAP EPS $9.05 includes $132.5M gain from sale-leaseback; adjusted EPS $0.79 vs $0.89 YoY.
- Revenue $164.8M (+4.5% YoY) from industrial and commercial aerospace growth, partially offset by military declines.
- Acquired Magnetic Seal LLC for $69.5M net of cash to expand aerospace product portfolio and aftermarket.
- Backlog $905.2M, up 12% YoY; remaining performance obligations $814.1M under ASC 606.
- Adjusted EBITDA $24.4M (14.8% of revenue) vs $22.8M (14.4%) in prior year.