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Park Electrochemical Corp  (PKE)
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    Sector  Technology    Industry Semiconductors
 
 

EARNINGS REPORT by CSIMarket

EPS Drops, Sales Faded


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Park Electrochemical Corp announced forth quarter 2017 operating income of $2.591 millions



For the forth quarter 2017 Park Electrochemical Corp earnings per share plummeted by -45.84 % of $0.12 per share compare to $0.23 a year ago and earnings grew by 35.91 % from $0.09 per share from the previous quarter.

Sales crumbled by -22.81 % to $28 millions from $36 millions in the same quarter a year ago and sequentially Sales increased by 4.3 % from $26 millions.



Net income of $2 millions in the forth quarter 2017 fell by -45.85 % from $5 millions in the corresponding period a year before. Looking further into forth quarter 2017 Park Electrochemical Corp's profitability, operating margin mitigated to 9.39%, and net margin shrank to 8.97%.
Looking into financial results for the fiscal year 2017, Park Electrochemical Corp reported Sales of $115 millions and net income of $9 millions.

Semiconductors Company explained also, that Income per share faded by -48.31 % to $0.46 per share from $0.89 in the previous fiscal year, while Sales fell by -21.42 % from $146 millions a year ago.
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