Park Aerospace Corp. Reports Net Earnings of $1.85 Million for Q1 2024
Company Records Net Sales of $15.55 Million in Q1 2024
Park Aerospace Corp. (PKE) has released its financial results for the first quarter of the fiscal year 2024, which ended on May 28, 2023. The company reported net sales of $15.55 million for the quarter, compared to $12.78 million in the same period last year. Additionally, Park Aerospace Corp. disclosed net earnings of $1.85 million for Q1 2024. These results demonstrate the company's performance and provide insights into its operations.
Net Sales Increase to $15.55 Million
Park Aerospace Corp. achieved net sales of $15.55 million in the first quarter of the fiscal year 2024. This represents an increase compared to the net sales of $12.78 million reported in the first quarter of the previous fiscal year. The growth in net sales reflects the company's continued efforts to expand its market presence and capitalize on opportunities in the global aerospace markets. Park Aerospace Corp. remains focused on developing and manufacturing advanced composite materials used in the production of aerospace structures.
