29 April 2014
Ducommun Inc. (NYSE: DCO) said its first quarter 2014 revenue grew to USD179.8m from USD175.9m in the prior-year period.
The company had net income of USD4.6m, or USD0.42 per diluted share, and EBITDA for the quarter was USD21.4m.
Operating income for the first quarter of 2014 was USD14.0m, or 7.8 percent of revenue, compared to USD10.3m, or 5.9 percent of revenue, in the comparable period last year. Operating income in the first quarter of 2014 was favorably impacted by higher sales, change in product mix and improved operating performance.
Founded in 1849, Ducommun Inc. provides engineering and manufacturing services to the aerospace, defense, and other industries through a wide spectrum of electronic and structural applications. Additional information can be found at www.ducommun.com.