secwatch.observer — SEC 8-K summary
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Issuer:     DUCOMMUN INC /DE/ (DCO)
CIK:        0000030305
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001628280-23-003809
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ducommun Q4 revenue $188.3M, adj. EPS $0.85, FY revenue $713M, backlog $961M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30305/000162828023003809/0001628280-23-003809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30305/000162828023003809/dco-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-003809

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