earnings
confidence high
sentiment positive
materiality 0.75
Ducommun Q2 revenue $174.2M, up 8.7% YoY; record backlog $976M; adjusted EPS $0.76
DUCOMMUN INC /DE/
2022-Q2 EPS reported
$0.99
revenue$337,679,000
- Net revenue $174.2M, up 8.7% YoY; commercial aerospace revenue increased over 50%.
- GAAP net income $4.1M ($0.34 diluted EPS); adjusted net income $9.3M ($0.76 diluted EPS).
- Adjusted EBITDA $24.1M (13.8% of revenue); free cash flow $20.7M.
- Record backlog of $976.5M at quarter end; debt refinancing completed post-quarter.
- Structural Systems operating income fell to $1.3M (2.0% of revenue) on unfavorable product mix.