Park Aerospace Reports Q1 Results, Notes Margin Expansion

by Anusuya Lahiri, Benzinga Editor
July 8, 2021 7:06 AM | 21 seconds read |
  • Park Aerospace Corp PKE reported the first quarter FY22 net sales growth of 11.3% year-on-year to $13.6 million.
  • The gross margin expanded 1,020 basis points to 40.3%.
  • The net margin expanded 410 basis points to 20.2%.
  • EPS amounted to $0.13.
  • It held $116.8 million in cash and equivalents as of May 30, 2021.
  • Price action: PKE shares closed higher by 1.21% at $15 on Wednesday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Click to see more Earnings updates
Posted In: EarningsNewsSmall CapTechBriefs
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!