secwatch.observer — SEC 8-K summary
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Issuer:     DUCOMMUN INC /DE/ (DCO)
CIK:        0000030305
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001628280-22-003516
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ducommun Q4 revenue up 4.5% to $164.8M; adjusted EPS $0.79; backlog $905M; acquired MagSeal for $69.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30305/000162828022003516/0001628280-22-003516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30305/000162828022003516/dco-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-003516

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