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) develops and manufactures solution and hot-melt advanced composite materials for aerospace structures, and its news flow reflects both its operating performance and corporate developments. This page aggregates news releases and market updates related to PKE, giving investors and industry followers a single place to review the company’s latest announcements.
Recent Park Aerospace news has included quarterly earnings releases, where the company reports net sales, net earnings, adjusted EBITDA and other financial metrics for its fiscal periods. These results are typically accompanied by conference call details and webcast links, allowing shareholders to hear management discuss operating performance and non-GAAP measures such as adjusted EBITDA.
In addition to financial results, Park Aerospace issues news about regular quarterly cash dividends, highlighting a long history of uninterrupted dividend payments. Corporate governance and leadership updates also appear in the news stream, such as changes to the Board of Directors or the election of senior executives, including legal and capital markets roles.
Each release reiterates Park’s focus on advanced composite materials, including film adhesives (Aeroadhere®), lightning strike protection materials (Electroglide®), specialty ablative materials for rocket motors and nozzles, and radome materials. The company also emphasizes its work designing and fabricating composite parts, structures and low volume tooling, as well as its proprietary SigmaStrut™ and AlphaStrut™ product lines.
By reviewing the Park Aerospace Corp. news feed for PKE, readers can follow earnings announcements, dividend declarations, leadership changes and other company communications tied to its aerospace composites business. This page can be revisited regularly to see the latest official releases and historical updates.
Park Aerospace Corp. (PKE) will release its financial results for Q4 and the full fiscal year 2022 on May 12, 2022, before NYSE opens. A conference call is set for 11:00 a.m. EDT the same day, where forward-looking information may be discussed. The company specializes in advanced composite materials for the aerospace sector, including parts for aircraft and rockets. A live audio webcast and presentation materials will be available on the company’s website. A replay of the conference call will be accessible until May 18, 2022.
Park Aerospace Corp. (NYSE – PKE) has announced a quarterly dividend of $0.10 per share, payable on May 5, 2022, to shareholders on record as of April 1, 2022. The company has a strong track record, having paid uninterrupted dividends for 37 consecutive years, totaling approximately $552 million in cash dividends since 2005. Park Aerospace specializes in developing advanced composite materials for the aerospace market, including materials for jet engines and unmanned aerial vehicles.
Park Aerospace Corp. (NYSE-PKE) has launched its new product, the RadarWave RW-HS-300, expanding its RadarWave line of prepreg materials designed for advanced radome systems in aerospace and defense. This innovative material, utilizing a 300 gsm 8HS fabric, enhances design flexibility and manufacturability, meeting the growing demand for high-performance radomes. Park's RadarWave products offer cost-effective alternatives to traditional materials, ensuring optimal dielectric performance and minimal signal loss. The necessity for advanced radome systems continues to rise alongside the evolution of aerospace and defense electronics.
Park Aerospace Corp. (NYSE – PKE) has announced that its CEO, Brian Shore, will present at the 24th Annual Needham Virtual Growth Conference on January 13, 2022, at 11:30 a.m. EST. Attendees can access a live audio webcast and presentation materials via the provided link.
Additionally, presentation materials will be available at 8:30 a.m. EST on the same day on Park's website. Park Aerospace Corp. specializes in advanced composite materials for the aerospace sector, including structures for various aircraft and specialty materials for rocket motors.
Park Aerospace Corp. (NYSE-PKE) reported its third-quarter results for the 2022 fiscal year, ending November 28, 2021, highlighting net sales of $13,864,000, an increase from $10,372,000 in the same period last year. Net earnings from continuing operations reached $1,741,000, up from $1,037,000 in Q3 2021. For the first nine months, earnings stood at $6,508,000, compared to $4,160,000 last year. Adjusted EBITDA for the third quarter was $2,670,000. EPS from continuing operations was $0.09. The company faced restructuring charges of $13,000 in Q3.
Park Aerospace Corp. (NYSE-PKE) has secured a Business Partner Agreement with ArianeGroup SAS, becoming its exclusive North American distributor for the RAYCARB C2®B NG product. This advanced material is essential for creating ablative composites used in rocketry and missile systems. Park Aerospace, a long-time customer of ArianeGroup, will continue utilizing RAYCARB C2®B NG in its production while expanding its role in North America. CEO Brian Shore emphasized the importance of this partnership, indicating a significant opportunity for Park to further develop its relationship with ArianeGroup.
Park Aerospace Corp. (PKE) will release its financial results for Q3 2022 on January 6, 2022, before the NYSE opens. A conference call to discuss these results will follow at 11:00 a.m. EST, with dial-in numbers provided for participants in the U.S., Canada, and other countries. Additional details, including a live audio webcast and presentation materials, will be available on the company’s website. Park Aerospace develops advanced composite materials for the aerospace sector, targeting various markets including military and commercial aircraft.
Park Aerospace Corp. (NYSE – PKE) has declared a quarterly dividend of $0.10 per share, payable on February 3, 2022, to shareholders of record by January 4, 2022. This marks 36 consecutive years of uninterrupted dividends, amounting to approximately $550 million or $26.85 per share since 2005. The company specializes in advanced composite materials for aerospace applications, including jet engines and aircraft structures, and is committed to producing innovative solutions in challenging areas.
Park Aerospace Corp. announced its quarterly cash dividend of $0.10 per share, totaling $550 million paid in dividends since 2005. This dividend, declared on September 13, 2021, was issued to shareholders on October 1, 2021. Chairman and CEO Brian Shore acknowledged the company's dedication and hard work in achieving this milestone. Park Aerospace develops advanced composite materials for the aerospace industry, including components for jets, UAVs, and other aerospace applications.
Park Aerospace Corp. (NYSE-PKE) has appointed Kenneth Kim as Vice President of Business Development and Program Management, effective immediately. Kim, who previously served as Director of Program Management since October 2019, will oversee the development of strategic opportunities, including acquisitions and joint ventures in the aerospace industry. His background includes extensive experience in aerospace engineering roles, notably with Boeing and Lancer Systems. This leadership change aims to enhance Park's strategic direction and foster growth in advanced composite materials for aerospace applications.