Earnings ·
Park Aerospace Corp. reported financial results for its 2027 fiscal year first quarter ended May 31, 2026
PKEPark Aerospace Corp
Park Aerospace Corp. reported financial results for its 2027 fiscal year first quarter ended May 31, 2026. Net sales reached $18,312,000, an increase from $15,400,000 in the same quarter of the previous year. Net earnings rose to $3,533,000, up from $2,080,000 in the prior year's first quarter. Adjusted EBITDA for the period was $4,576,000, compared to $2,963,000 in the prior year. Basic and diluted earnings per share were $0.17, compared to $0.10 in the first quarter of fiscal 2026. The company develops and manufactures advanced composite materials for the global aerospace market.