secwatch.observer — SEC 8-K summary
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Issuer:     DUCOMMUN INC /DE/ (DCO)
CIK:        0000030305
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001628280-23-026965
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ducommun Q2 revenue $187.3M, backlog tops $1B; commercial aerospace up 37% YoY
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- Net revenue $187.3M (+7.5% YoY); net income $2.4M ($0.17) vs $4.1M ($0.34).
- Adjusted net income $7.3M ($0.54); adjusted EBITDA $26.1M (13.9% of revenue).
- Record backlog $1.01B, up from $960.8M at Dec 2022; commercial aerospace revenue +37% YoY.
- Completed stock offering net $85.1M; acquired BLR Aerospace in April; restructuring expected by year-end 2023.
- Gross margin expanded to 21.4% from 19.9% YoY; Structural Systems rev $80.2M (+24% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30305/000162828023026965/0001628280-23-026965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30305/000162828023026965/dco-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-026965

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