FX.co ★ Park Aerospace Corp. Announces Increase In Q3 Income

Park Aerospace Corp. (PKE) reported an increase in earnings for the third quarter compared to the same period last year. The company achieved a net income of $1.58 million, translating to $0.08 per share, compared to $1.20 million, or $0.06 per share, in the third quarter of the previous year. Revenue for this quarter saw a significant rise of 23.8%, reaching $14.41 million, up from $11.64 million the previous year.

Park Aerospace Corp.'s earnings summary, according to Generally Accepted Accounting Principles (GAAP), is as follows:

- Earnings for Q3: $1.58 million, up from $1.20 million last year.

- Earnings per Share (EPS) for Q3: $0.08, compared to $0.06 last year.

- Revenue for Q3: $14.41 million, an increase from $11.64 million last year.