Quarterly ResultAug 6, 2026, 06:18 AM
Ducommun Q2 Net Income +60% to $20.4M; EPS $1.31
AI Summary
Ducommun reported strong financial results for the second quarter and first six months ended July 4, 2026, with significant year-over-year increases in net revenues, net income, and EPS. Net income for Q2 increased by 60% to $20.4 million, and diluted EPS rose to $1.31. The company also disclosed a restatement of prior financial statements due to an accounting error related to stock-based compensation, which led to a $5.0 million compensation clawback from affected executives.
Key Highlights
- Q2 2026 net revenues increased 11.8% to $224.5 million.
- Q2 2026 net income rose 59.9% to $20.4 million.
- Q2 2026 diluted EPS increased 56.0% to $1.31.
- Six-month net revenues increased 10.2% to $433.5 million.
- Six-month net income surged 114.2% to $30.3 million.
- Net cash from operating activities for six months increased 93.2% to $44.8 million.
- A $5.0 million compensation clawback from executives was executed due to restatement.
Price Impact
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