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Park Aerospace Corp. Reports Net Income of $10.7 Million for Fiscal Year Ended February 26, 2023

Park Aerospace Corp. Reports Net Income of $10.7 Million for Fiscal Year Ended February 26, 2023

Company Generates $54.1 Million in Revenue for the Same Period

By USInMinutes
Published - Jul 07, 2023, 06:04 AM ET
Last Updated - Jul 18, 2023, 03:04 PM EDT

Park Aerospace Corp.(PKE) has announced its financial results for the fiscal year ended February 26, 2023, reporting a net income of $10.7 million and revenue of $54.1 million. The aerospace company experienced steady growth in sales and achieved a profitable year despite the challenging economic conditions.

Positive Net Income: Park Aerospace Corp. Posts Net Income of $10.7 Million

Park Aerospace Corp. has reported a net income of $10.7 million for the fiscal year ended February 26, 2023. This reflects a significant increase compared to the previous year's net income of $8.5 million. The company's focus on operational efficiency and cost management contributed to the positive financial performance. Park Aerospace Corp. has successfully capitalized on market opportunities and delivered value to its shareholders.

Revenue Growth: Park Aerospace Corp. Achieves $54.1 Million in Revenue

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