Park Electrochemical Corp. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended November 25, 2018
January 03, 2019 at 11:30 am
Park Electrochemical Corp. announced unaudited earnings results for the third quarter and nine months ended November 25, 2018. For the quarter, the company reported sales were $12,853,000 against $10,229,000 a year ago. Net earnings were $3,691,000 against $716,000 a year ago. Basic earnings per share were $0.18 against $0.04 a year ago. Basic earnings per share from continuing operations were $0.10 against $0.02 a year ago.
For the nine months, the company reported sales were $34,457,000 against $30,310,000 a year ago. Net earnings were $9,559,000 against $2,630,000 a year ago. Basic earnings per share were $0.47 against $0.13 a year ago. Basic earnings per share from continuing operations were $0.23 against $0.06 a year ago.