- 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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.