DUCOMMUN INC /DE/ reported first quarter of 2025 results: revenue $192.5 million, net income $1.4 million, EPS $0.09 per diluted share.
“with defense primes including RTX, our largest customer and Lockheed Martin.” 1 First Quarter Results Net revenue for the first quarter of 2026 was $209.0 million compared to $192.5 million for the first quarter of 2025. The year-over-year increase was primarily due to the following in the Company's key end-use markets: • $12.5 million higher revenue in the”
Earnings Releases
DUCOMMUN INC /DE/ reported first quarter ended April 4, 2026 results: revenue $209.0 million, net income $9.9 million, EPS $0.64 per diluted share.
“– Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended April 4, 2026. First Quarter 2026 Recap • Net Revenue was $209.0 million, an increase of 9% over Q1 2025* • Gross margin of 26.9%, year-over-year growth of 70 bps • Net income of $9.9 million (increase of 607% year-over-year) or $0.64 per diluted”
Mark A. Caylor was appointed as Class II Director at DUCOMMUN INC /DE/.
“On May 4, 2026, the Company's Board of Directors (the “Board”) appointed Mark A. Caylor as a Class II Director, effective immediately, to serve for a term expiring at the annual meeting of stockholders in 2029 and until his successor is elected and qualified.”
Auditor Changes
DUCOMMUN INC /DE/ reported that prior financial statements should not be relied upon.
“Due to the identification of this Error, on May 1, 2026, management concluded that the following previously issued financial statements of the Company (and related earnings releases, press releases, shareholder communications, investor presentations or other materials describing relevant portions of such financial statements) should no longer be relied upon”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Approval of an Amendment and Restatement of the Company's 2024 Stock Incentive Plan at the 2026-04-29 meeting.
“Approval of an Amendment and Restatement of the Company's 2024 Stock Incentive Plan 12,125,002 419,096 9,110 917,526”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2026 at the 2026-04-29 meeting.
“Ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2026 12,784,598 679,731 6,405”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Approval of the Company's executive compensation on an advisory basis at the 2026-04-29 meeting.
“Approval of the Company's executive compensation on an advisory basis 11,829,511 712,763 10,934 917,526”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Election of Stephen G. Oswald for a three-year term expiring in 2029 at the 2026-04-29 meeting.
“Election of Stephen G. Oswald for a three-year term expiring in 2029 11,676,575 876,633 917,526”
Material Agreements
DUCOMMUN INC /DE/ amended First Amendment to Credit Agreement, Security Agreement and Pledge Agreement with Bank of America, N.A., as administrative agent, swingline lender and an L/C issuer, and the lender parties thereto (effective 2025-11-24).
“On November 24, 2025 (the “Closing Date”) Ducommun Incorporated, a Delaware corporation (“Ducommun”) and certain of its subsidiaries entered into a First Amendment to Credit Agreement, Security Agreement and Pledge Agreement with Bank of America, N.A., as administrative agent, swingline lender and an L/C issuer, and the lender parties thereto (the “Amendment”).”
Debt Financings
DUCOMMUN INC /DE/ incurred revolving credit of $120 million with Bank of America, N.A. at Term SOFR plus 1.50% maturing November 24, 2030.
“a five-year $450 million senior secured revolving credit facility (the “Revolving Credit Facility” and, together with the Term Loan Facility, the “Facilities”), of which $120 million was drawn on the Closing Date”
Debt Financings
DUCOMMUN INC /DE/ incurred term loan of $200 million with Bank of America, N.A. at Term SOFR plus 1.50% maturing November 24, 2030.
“a five-year $200 million senior secured term loan facility (the “Term Loan Facility”), all of which was drawn on the Closing Date”
Governance Changes
DUCOMMUN INC /DE/: Changed the authorized number of directors to be between six and ten (effective 2024-11-05).
“On November 5, 2024, the Board of Directors of Ducommun Incorporated (the “Company”) amended and restated its bylaws (as so amended and restated, the “Bylaws”) to change the authorized number of directors to be not less than six (6) nor more than ten (10) until changed by an amendment to such Bylaws.”
Daniel L. Boehle was appointed as Class III Director at DUCOMMUN INC /DE/.
“Also on November 5, 2024, the Board appointed Daniel L. Boehle as a Class III Director, effective immediately”
Daniel G. Korte was appointed as Class I Director at DUCOMMUN INC /DE/.
“On November 5, 2024, the Company’s Board of Directors (the “Board”) appointed Daniel G. Korte as a Class I Director, effective immediately”
Earnings Releases
DUCOMMUN INC /DE/ reported first quarter ended March 30, 2024 results: revenue $190.8 million, net income $6.8 million, or $0.46 per diluted share, EPS $0.46 per diluted share.
“– Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024. First Quarter 2024 Recap • Net revenue was $190.8 million, an increase of 5.3% over Q1 2023 • Net income of $6.8 million, or $0.46 per diluted share, or 3.6% of revenue, up 70 bps year-over-year • Non-GAAP adjusted net income of $10.4”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-04-24 meeting.
“For Against Abstain Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2024 13,774,137 144,706 8,862”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Approval of the 2024 Stock Incentive Plan at the 2024-04-24 meeting.
“For Against Abstain Broker Non-Votes Approval of the Company’s 2024 Stock Incentive Plan 11,141,896 1,641,649 306,731 837,429”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Advisory vote to approve executive compensation at the 2024-04-24 meeting.
“For Against Abstain Broker Non-Votes Approval of the Company’s executive compensation on an advisory basis 11,553,810 1,235,297 301,169 837,429”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Election of Directors for three-year term ending at the 2027 Annual Meeting at the 2024-04-24 meeting.
“David B. Carter for a three-year term expiring in 2027 11,853,539 1,236,737 837,429”
Earnings Releases
DUCOMMUN INC /DE/ reported the fourth quarter and year ended December 31, 2023 results: revenue $192.2 million, net income $5.1 million, EPS $0.34 per diluted share.
“Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Recap • Revenue of $192.2 million • GAAP net income of $5.1 million, or $0.34 per diluted share • Adjusted net income for the quarter of $10.4 million, or $0.70 per diluted share • Cash flow from operating”
David B. Carter was appointed as Class I Director at DUCOMMUN INC /DE/.
“On February 1, 2024, the Board of Directors (the “Board”) of Ducommun Incorporated (the “Company”) appointed David B. Carter as a Class I Director, effective immediately”
Earnings Releases
DUCOMMUN INC /DE/ reported the third quarter ended September 30, 2023 results: revenue $196.3 million, net income $3.2 million, or $0.22 per diluted share.
“Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its third quarter ended September 30, 2023. Third Quarter 2023 Recap • Net revenue was $196.3 million, a new all-time quarterly record for the Company • Net income of $3.2 million, or $0.22 per diluted share • Adjusted net income of $10.3 million, or $0.70 per diluted share •”
Earnings Releases
DUCOMMUN INC /DE/ reported second quarter ended July 1, 2023 results: revenue $187.3 million, net income $2.4 million, EPS $0.17 per diluted share.
“– Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its second quarter ended July 1, 2023. Second Quarter 2023 Recap • Net revenue was $187.3 million • Net income of $2.4 million, or $0.17 per diluted share • Adjusted net income of $7.3 million, or $0.54 per diluted share • Adjusted EBITDA of $26.1 million, or 13.9% of revenue”
Christopher D. Wampler changed role as Vice President, Chief Financial Officer, Controller and Treasurer at DUCOMMUN INC /DE/.
“On May 3, 2023, Ducommun Incorporated, a Delaware corporation (the “Company”), reported that Christopher D. Wampler, Vice President, Chief Financial Officer, Controller and Treasurer, ceased to serve in that role but would continue his employment with the Company in a non-executive capacity.”
Material Agreements
DUCOMMUN INC /DE/ entered into Underwriting Agreement with Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., RBC Capital Markets, LLC and B. Riley Securities, Inc. (effective 2023-05-15).
“On May 15, 2023, Ducommun Incorporated (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., RBC Capital Markets, LLC and B. Riley Securities, Inc., as representatives of the underwriters named therein (collectively, the “Underwriters”), pursuant to which the Company agreed to sell 2,000,000 shares of the Company’s common stock, par value $.01 per share, at a public offering price of $40.00 per share.”
Earnings Releases
DUCOMMUN INC /DE/ reported first quarter ended April 1, 2023 results: revenue $181.2 million, net income $5.2 million, or $0.42 per diluted share.
“– Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended April 1, 2023. First Quarter 2023 Recap • Net revenue was $181.2 million, up 11%, all organic • Net income of $5.2 million, or $0.42 per diluted share • Adjusted net income of $7.9 million, or $0.63 per diluted share • Adjusted EBITDA of $23.1”
Suman Mookerji was appointed as Senior Vice President, Chief Financial Officer, Controller and Treasurer at DUCOMMUN INC /DE/.
“Mr. Suman Mookerji, who previously served as the Company’s Vice President, Corporate Development and Investor Relations, was appointed as Senior Vice President, Chief Financial Officer, Controller and Treasurer.”
Christopher D. Wampler changed role as Vice President, Chief Financial Officer, Controller and Treasurer at DUCOMMUN INC /DE/.
“Christopher D. Wampler, Vice President, Chief Financial Officer, Controller and Treasurer, ceased to serve in that role.”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023 at the 2023-04-26 meeting.
“For Against Abstain Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023 11,138,808 225,944 7,290”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-04-26 meeting.
“3 Years 2 Years 1 Year Abstain Broker Non-Votes Advisory vote on the frequency of future advisory votes on executive compensation 1,583,879 451,176 8,137,043 91,104 1,045,620”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Approval of the Company’s executive compensation on an advisory basis at the 2023-04-26 meeting.
“For Against Abstain Broker Non-Votes Approval of the Company’s executive compensation on an advisory basis 10,234,740 82,403 9,279 1,045,620”
Shareholder Votes
DUCOMMUN INC /DE/ shareholders approved Election of Ms. Samara A. Strycker and Messrs. Richard A. Baldridge and Stephen G. Oswald as directors to serve for three-year terms ending at the Company’s 2026 Annual Meeting of Shareholders at the 2023-04-26 meeting.
“The shareholder vote on these matters was as follows: For Withheld Broker Non-Votes Election of Richard A. Baldridge for a three-year term expiring in 2026 9,876,847 449,575 1,045,620 Election of Stephen G. Oswald for a three-year term expiring in 2026 9,891,742 434,680 1,045,620 Election of Samara A. Strycker for a three-year term expiring in 2026 10,029,120 297,302 1,045,620”
M&A Transactions
DUCOMMUN INC /DE/ completed an acquisition involving Crescent Capital Aerospace, L.L.C. and Michael Carpenter for $115 million, net of cash acquired (closed 2023-04-25).
“the “Sellers”), CCA in its capacity as Seller Representative, and the Company (solely for purposes of Section 7.07 of the Agreement). The purchase price for the acquisition was $115 million, net of cash acquired, subject to adjustments for working capital. The Buyer utilized its existing revolving credit facility and paid a gross aggregate of $117 million in cash”
Material Agreements
DUCOMMUN INC /DE/ entered into Securities Purchase Agreement with BLR Aerospace, L.L.C. valued at $115 million (effective 2023-03-20).
“On March 20, 2023, Ducommun LaBarge Technologies, Inc. (the “ Buyer ” ), a wholly owned subsidiary of Ducommun Incorporated (the “ Company ” ), entered into a Securities Purchase Agreement (the “ Agreement ” ) by and among BLR Aerospace, L.L.C. (“ BLR ”), Crescent Capital Aerospace, L.L.C. (“ CCA ”) and Michael Carpenter (“ Carpenter ,” together with CCA, the “ Sellers ”), CCA in its capacity as Seller Representative, and the Company (solely for purposes of Section 7.07 of the Agreement), to acquire 100% of the membership interests of BLR (the “ T ransaction ” ).”
Earnings Releases
DUCOMMUN INC /DE/ reported Year ended December 31, 2022 results: revenue $713 million.
“Ducommun Incorporated Reports Fourth Quarter 2022 Results Strong Finish to 2022; Full Year Revenue of $713 Million”
Restructurings & Charges
DUCOMMUN INC /DE/ announced a restructuring with charges of between $9 and $12 million affecting performance center in Monrovia, California.
“On November 17, 2022, the Board of Directors (the “Board”) of Ducommun Incorporated (the “Company”) approved the closure of the Company’s performance center in Monrovia, California in order to further optimize and consolidate the Company’s footprint. The Company expects this to be the final footprint consolidation under the Company’s 2022 Restructuring Plan. The Company intends to cease production and close the facility by the middle of 2023, and is evaluating options to divest the underlying real estate. Existing production will be absorbed by the Company’s other existing performance centers. As a result of the closure, the Company currently estimates total pre-tax charges will be between $9 and $12 million.”
Earnings Releases
DUCOMMUN INC /DE/ reported its third quarter ended October 1, 2022 results: revenue Net revenue was $186.6 million, net income Net income of $8.5 million, or $0.69 per diluted share, EPS $0.69 per diluted share.
“– Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its third quarter ended October 1, 2022. Third Quarter 2022 Recap • Net revenue was $186.6 million • Net income of $8.5 million, or $0.69 per diluted share • Adjusted net income of $11.9 million, or $0.96 per diluted share • Adjusted EBITDA of $26.0 million, or 13.9% of”
Samara A. Strycker was appointed as Director at DUCOMMUN INC /DE/.
“On December 29, 2021, the Board of Directors (the “Board”) of Ducommun Incorporated (the “Company”) appointed Samara A. Strycker as an independent Class II Director, effective immediately”
Rosalie F. Rogers resigned as Vice President, Chief Human Resources Officer at DUCOMMUN INC /DE/.
“On November 22, 2021, Rosalie F. Rogers tendered her resignation from her position as Vice President, Chief Human Resources Officer of Ducommun Incorporated effective on or about January 4, 2022.”
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