Ducommun (DCO) Reports Q4 EPS of 41c
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Ducommun Reports Results for the Fourth Quarter Ended December 31, 2017
February 28, 2018 4:15 PM ESTSANTA ANA, Calif., Feb. 28, 2018 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (Ducommun or the Company) today reported results for its fourth quarter and year ended December 31, 2017.
Fourth Quarter 2017 Recap
Revenue of $142.3 million GAAP net income of $9.5 million, or $0.82 per diluted shareAdjusted net income for the quarter was $4.6 million, or $0.41 per diluted share, which excludes net of tax, $12.6 million tax benefit from adoption of Tax Cuts Jobs Act, $6.9 million restructuring charges, and $0.9 million inventory purchase accounting adjustmentAdjusted EBITDA of $13.6 million... More