Published on 12 Jan 2024 on GuruFocus.com via Yahoo Finance
Park Aerospace Corp Reports Decline in Q3 Sales and Earnings
Net Sales: Decreased to $11.64 million in Q3 FY2024 from $13.87 million in Q3 FY2023.Net Earnings: Dropped to $1.20 million in Q3 FY2024 compared to $2.23 million in Q3 FY2023.Adjusted EBITDA: Fell to $1.81 million in Q3 FY2024 from $3.32 million in Q3 FY2023.Earnings Per Share: Basic and diluted EPS declined to $0.06 in Q3 FY2024 from $0.11 in Q3 FY2023.Balance Sheet: Cash and Marketable Securities reduced to $73.99 million as of November 26, 2023, from $105.44 million as of February 26, 2023.
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