earnings
confidence high
sentiment positive
materiality 0.70
Ducommun Q4 revenue $188.3M, adj. EPS $0.85, FY revenue $713M, backlog $961M
DUCOMMUN INC /DE/
2022-FY EPS reported
$2.33
revenue$712,537,000
- Q4 revenue $188.3M (+14.2% YoY); full-year revenue $713M, first above $700M since 2019.
- GAAP net income $8.1M ($0.65 EPS) vs $110.8M ($9.05 EPS) prior year which included a gain on sale-leaseback.
- Adjusted net income $10.6M ($0.85 EPS) vs $10.8M ($0.88 EPS) prior year; adjusted EBITDA $24.5M (13% margin).
- Backlog $960.8M, up from $905.2M; commercial aerospace backlog $450M, up 35% from 2021.
- Cash from operations $32.1M in Q4 vs $11.7M prior year; Electronic Systems revenue $120M, Structural Systems $68.2M.