Ducommun Inc. (DCO) Tops Q4 EPS by 15c
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Ducommun Reports Results for the Fourth Quarter Ended December 31, 2019
February 20, 2020 4:15 PM ESTSANTA ANA, Calif., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (Ducommun or the Company) today reported results for its fourth quarter and year ended December 31, 2019.
Fourth Quarter 2019 Highlights
Revenue of $186.9 millionGAAP net income of $8.9 million, or $0.75 per diluted shareAdjusted net income for the quarter of $9.5 million, or $0.80 per diluted shareGross margin increased 160 basis points year-over-year to 21.5%Adjusted EBITDA increased 29.6% year-over-year to $25.2 millionCompleted the acquisition of Nobles Worldwide, Inc. (Nobles)I am delighted... More
