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Stock impact report

Ducommun Incorporated (DCO) Reports Record Quarterly Revenue in Q3, Reaffirms Full-Year Guidance [Yahoo! Finance]

Ducommun Incorporated (DCO) 
Last ducommun incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Ducommun Incorporated (DCO) Reports Record Quarterly Revenue in Q3, Reaffirms Full-Year Guidance Net revenue was reported at $212.6 million, a new quarterly record and up 6% year-over-year, attributed to a strong show by the company's defense business. This was the third successive quarter of double-digit growth for the segment, driven primarily by its missile franchise. Gross margin stood at 26.6%, improving by 40 bps from last year. Adjusted EBITDA was posted at $34.4 million, increasing 40 bps year-over-year, and marking the third back-to-back quarter of exceeding the $30 million figure. This represented 16.2% of revenue, putting the company on track to achieve its financial goal of 18% adjusted EBITDA by 2027. Ducommun Incorporated (NYSE:DCO) reported a net loss of $64.4 million, compared to net income of $10.1 million in the prior year's quarter. This was the result of a litigation settlement and associated costs. However, adjusted net income stood at $15.2 million, or $0. Show less Read more
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