Welcome to our dedicated page for Park Aerospace news (Ticker: PKE), a resource for investors and traders seeking the latest updates and insights on Park Aerospace stock.
Park Aerospace Corp (NYSE: PKE) delivers innovative composite solutions for aerospace applications through advanced material science and precision engineering. This news hub provides investors and industry professionals with comprehensive coverage of corporate developments, financial updates, and technological advancements.
Access real-time press releases covering earnings announcements, product innovations, and strategic partnerships. Our curated collection includes regulatory filings, leadership updates, and operational milestones impacting PKE's position in aerospace composites. Bookmark this page for verified updates about manufacturing expansions, R&D breakthroughs, and supply chain developments.
Key focus areas include advanced composite material formulations, prototype tooling advancements, and international market expansions. All content undergoes strict verification to ensure accuracy and relevance for investment research and industry analysis. Return regularly for authoritative updates on PKE's contributions to next-generation aerospace manufacturing technologies.
Park Aerospace Corp. (NYSE-PKE) reported net sales of $13,867,000 for the third quarter of fiscal year 2023, a slight increase from $13,864,000 in the same quarter last year. Net earnings rose to $2,230,000, up from $1,741,000 year-over-year. Adjusted EBITDA improved to $3,321,000, compared to $2,670,000 in Q3 2022. However, net sales for the nine months were $40,525,000, down from $41,076,000 last year. Basic and diluted earnings per share (EPS) for Q3 were $0.11 versus $0.09 in Q3 2022.
Park Aerospace Corp. (NYSE: PKE) will release its financial results for the third quarter of its 2023 fiscal year on January 5, 2023, before the NYSE opens. A conference call is scheduled at 11:00 a.m. EST the same day to discuss the results and other material information. The call can be accessed by dialing (877) 407-3982 in the U.S. or (201) 493-6780 internationally. A live audio webcast will also be available, along with presentation materials at their website.
The Board of Directors of Park Aerospace Corp. (NYSE - PKE) has announced a quarterly dividend of $0.10 per share, payable on February 3, 2023 to shareholders recorded as of January 4, 2023. This marks the company's 37 consecutive years of uninterrupted dividend payments, totaling approximately $558 million or $27.25 per share since fiscal year 2005. Park Aerospace specializes in advanced composite materials for the aerospace industry, including components for aircraft and rocket motors.
Park Aerospace Corp. (NYSE-PKE) appointed Robert Cathcart as Director of Sales, reporting to President and COO Mark A. Esquivel. Cathcart's prior experience includes roles at Visioneering, Cytec/Solvay Materials, and Albany Engineered Composites, showcasing a strong background in sales and engineering. Park Aerospace specializes in advanced composite materials for the aerospace industry, targeting markets including aircraft and rocket components. The company aims to tackle challenges others avoid, reinforcing its commitment to innovation and specialized solutions in aerospace applications.
Park Aerospace Corp. (NYSE-PKE) reported its fiscal Q2 2023 results for the period ended August 28, 2022. The company achieved net sales of $13,875,000, marking an increase from $12,783,000 in Q1 2023 but a slight rise from $13,618,000 in Q2 2022. However, net earnings fell to $1,885,000 compared to $2,022,000 in Q2 2022. Adjusted EBITDA also decreased to $2,709,000. For the first six months, net earnings were $3,795,000, down from $4,767,000 last year. The company plans a conference call at 5:00 p.m. EDT for further discussion.
Park Aerospace Corp. (NYSE - PKE) will release its financial results for Q2 of the 2023 fiscal year, ended August 28, 2022, on October 6, 2022, post-market close. The company will host a conference call at 5:00 p.m. EDT the same day, differing from its usual schedule. A live audio webcast and presentation materials will also be available online. For those who miss the live call, a replay will be accessible from October 6 to October 13, 2022. Park Aerospace specializes in advanced composite materials for the aerospace sector, including products for aircraft and rocket applications.
Park Aerospace Corp. (NYSE – PKE) has declared a quarterly dividend of $0.10 per share, payable on November 4, 2022, to shareholders on record by October 3, 2022. This marks the company's 37th consecutive year of uninterrupted dividend payments, totaling approximately $556 million or $27.15 per share since fiscal 2005. Park Aerospace develops advanced composite materials for the aerospace industry, with applications ranging from jet engines to drones.
Park Aerospace Corp. (NYSE-PKE) has appointed Cory L. Nickel as Senior Vice President and General Manager. Starting as a Solution Treater Operator in 2011, Nickel has progressed through various roles, demonstrating significant growth and capability. His previous positions include Production Manager and Vice President and General Manager since October 2020. Brian Shore, Park’s CEO, commended Nickel's journey as a testament to employee potential within the company. Park Aerospace develops advanced composite materials for the aerospace sector, focusing on innovative solutions for challenging needs.
Park Aerospace Corp. (NYSE-PKE) reported net sales of $12,783,000 for the first quarter of fiscal year 2023, a decline from $13,594,000 in the same period of 2022. Net earnings fell to $1,910,000, down from $2,745,000 year-over-year. Earnings per share were $0.09, compared to $0.13 in the prior year. Adjusted EBITDA decreased to $2,804,000 from $4,104,000. The company did not incur restructuring charges this quarter, contrasting with prior quarters. The financial results call is set for 11:00 a.m. EDT today.
Park Aerospace Corp. (PKE) has corrected the dial-in number for its July 7, 2022 conference call discussing its financial results for the first quarter of fiscal 2023, ending May 29, 2022. The correct number for U.S. and Canada is (877) 407-3982. Financial results will be released before the NYSE opens on the same day, followed by a call at 11:00 a.m. EDT. A live audio webcast and presentation materials will also be accessible at that time. A replay of the call will be available from 2:00 p.m. EDT on July 7 to July 13, 2022, using (844) 512-2921.
