secwatch.observer — SEC 8-K summary
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Issuer:     DUCOMMUN INC /DE/ (DCO)
CIK:        0000030305
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001628280-24-021348
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ducommun Q1 revenue up 5.3% to $190.8M; gross margin expands 430 bps
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- Q1 net revenue $190.8M (+5.3% YoY); net income $6.8M ($0.46 diluted EPS) vs $5.2M ($0.42).
- Gross margin 24.6% (up 430 bps); adjusted EBITDA $27.4M (14.4% revenue, +170 bps).
- Electronic Systems revenue $107.5M (+1.8% YoY); segment operating income $19.0M (17.6% rev.).
- Structural Systems revenue $83.3M (+10.2%); operating income $2.9M (3.4% rev.) vs $4.7M last year.
- CEO cites strong commercial aerospace demand; BLR acquisition added $5.5M to SG&A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30305/000162828024021348/0001628280-24-021348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30305/000162828024021348/dco-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-021348

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