Ducommun Inc. (DCO) Tops Q1 EPS by 20c

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Ducommun Reports Results for the First Quarter Ended March 30, 2019

May 6, 2019 4:15 PM EDT

SANTA ANA, Calif., May 06, 2019 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (Ducommun or the Company) today reported results for its first quarter ended March 30, 2019.

First Quarter 2019 Highlights

Revenue increased 14.7% to $172.6 millionNet income of $7.5 million, or $0.64 per diluted shareGross margin increased 290 basis points year-over-year to 20.7%Operating margin increased 390 basis points year-over-year to 7.4%Adjusted EBITDA increased 49.7% to $21.7 million

As we begin 2019, the Company has gotten off to a great start demonstrated by Ducommuns strong operating performance across the board this... More