earnings
confidence high
sentiment positive
materiality 0.70
Ducommun Q3 revenue $186.6M, up 14% YoY; commercial aerospace up 66%
DUCOMMUN INC /DE/
2022-Q3 EPS reported
$1.68
revenue$524,269,000
- Net income $8.5M ($0.69 diluted EPS); adjusted EPS $0.96; adjusted EBITDA $26.0M (13.9% of revenue).
- Commercial aerospace revenue rose 66% YoY to $113.4M; military/space down $7.3M.
- Electronic Systems segment revenue $113.4M; Structural Systems $73.2M (up 25% YoY).
- Completed debt refinancing in Q3, extending maturities to 2027 and upsize revolver.
- Gross margin 20.7% vs. 21.6% a year ago; unfavorable mix offset by higher volume.