Park Electrochemical (PKE) Misses Q1 EPS by 1c

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Park Electrochemical Corp. Reports First Quarter Results

June 28, 2017 6:30 AM EDT

MELVILLE, N.Y., June 28, 2017 (GLOBE NEWSWIRE) -- Park Electrochemical Corp. (NYSE: PKE) reported net sales of $27,417,000 for the 2018 fiscal years first quarter ended May 28, 2017 compared to net sales of $31,490,000 for the 2017 fiscal years first quarter ended May 29, 2016 and net sales of $27,599,000 for the 2017 fiscal years fourth quarter ended February 26, 2017.  Net earnings for the 2018 fiscal years first quarter were $1,394,000 compared to $2,950,000 for the 2017 fiscal years first quarter and $2,477,000 for the 2017 fiscal years fourth quarter.

Park reported net earnings before special items of $2,484,000 for the 2018 fiscal... More