Yahoo

Park Electrochemical posts 1Q profit

MELVILLE, N.Y. (AP) _ Park Electrochemical Corp. (PKE) on Wednesday reported fiscal first-quarter net income of $1.4 million.

The Melville, New York-based company said it had profit of 7 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to 12 cents per share.

The provider of components for telecommunications and network equipment posted revenue of $27.4 million in the period.

Park Electrochemical shares have climbed slightly since the beginning of the year. The stock has risen 22 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKE at https://www.zacks.com/ap/PKE

_____

Keywords: Park Electrochemical, Earnings Report

Mobilize your Website
View Site in Mobile | Classic
Share by: