PARK AEROSPACE CORP Q1 FY27 Results

Summary

Park Aerospace Corp. announced its financial results for the first quarter of fiscal year 2027, reporting net sales of $18,312,000, a significant increase from $15,400,000 in the same period last year. Net earnings also saw a substantial rise to $3,533,000, up from $2,080,000 year-over-year, with earnings per share reaching $0.17. The company highlighted an improved gross profit margin of 34.8% and a strong Adjusted EBITDA of $4,576,000, indicating robust operational performance.

Key Highlights

1. 1

   Park Aerospace Corp. reported net sales of $18,312,000 for the first quarter of fiscal year 2027, an increase from $15,400,000 in the prior year's first quarter.

2. 2

   Net earnings for the first quarter of fiscal year 2027 were $3,533,000, up from $2,080,000 in the comparable period of fiscal year 2026.

3. 3

   Basic and diluted earnings per share were $0.17 for the first quarter of fiscal year 2027, compared to $0.10 for the first quarter of fiscal year 2026.

4. 4

   Adjusted EBITDA for the first quarter of fiscal year 2027 was $4,576,000, an increase from $2,963,000 in the first quarter of fiscal year 2026.

5. 5

   Gross profit margin improved to 34.8% in the first quarter of fiscal year 2027 from 30.6% in the first quarter of fiscal year 2026.

6. 6

   The company reported total assets of $144,354,000 as of May 31, 2026, an increase from $142,228,000 as of March 1, 2026.

7. 7

   Net earnings as a percentage of net sales increased to 19.3% in the first quarter of fiscal year 2027, up from 13.5% in the first quarter of fiscal year 2026.