- Park Aerospace Corp PKE reported second-quarter FY22 net sales growth of 47.2% year-on-year to $13.62 million.
- Margins: The gross margin expanded 390 basis points to 32.4%.
- Net earnings rose 111.9% Y/Y to $2.02 million. The net margin expanded 450 basis points to 14.8%. EPS was $0.11.
- Park held $112.84 million in cash and equivalents as of August 29.
- Price Action: PKE shares closed higher by 0.29% at $13.75 on Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
