Park Aerospace Q1 Net Income Declines

Park Aerospace Corp. (PKE) reported first quarter net earnings before special items of $1.91 million compared to $2.76 million, prior year. Earnings per share before special items was $0.09 compared to $0.13.

Net earnings was $1.91 million compared to $2.75 million, last year. Earnings per share was $0.09 compared to $0.13. The company noted that it had no pretax restructuring charges in the first quarter compared to $14 thousand, a year ago.

Net sales declined to $12.78 million from $13.59 million, previous year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Specialty athletic retailer Foot Locker, Inc. reported Friday a second-quarter net profit that plunged from last year, hurt by a sales decline amid markdowns. Quarterly sales met Street estimates. The company also trimmed it adjusted earnings and sales growth guidance for the full-year 2022. Google's hundreds of employees have signed a petition sent to executives demanding extension of abortion care benefits to contract workers. The workers also called to halt donations given to anti-abortion politicians and to expand travel benefits. The petition, circulated by the Alphabet Workers Union, has been signed by over 650 employees at Google's parent company Alphabet Inc. Apple Inc. has released an emergency security update noting that some of its iPhones, iPads and Macs had certain vulnerabilities. The tech major said the flaws potentially allow full admin access to devices. The models affected by the issue include iPhone 6S and later models, several models of the newer iPads, and Mac computers running macOS Monterey and above. The flaws also affect the iPod Touch
Follow RTT