Ducommun Inc. (DCO) Tops Q4 EPS by 10c

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Ducommun Reports Results for the Fourth Quarter Ended December 31, 2018

February 28, 2019 4:15 PM EST

SANTA ANA, Calif., Feb. 28, 2019 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (Ducommun or the Company) today reported results for its fourth quarter and year ended December 31, 2018.

Fourth Quarter 2018 Highlights

Revenue of $164.2 millionGAAP net income of $0.7 million, or $0.06 per diluted shareAdjusted net income for the quarter of $5.2 million, or $0.44 per diluted shareGross margin increased 180 basis points year-over-year to 19.9%Adjusted EBITDA of $19.4 million

I am happy to report that Ducommun had a strong finish to 2018, said Stephen G. Oswald, chairman, president, and chief... More