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Article: Park Electrochemical Reports Fourth Quarter and Fiscal Year Results.
- Article from:
- Business Wire
- Article date:
- May 1, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELVILLE, N.Y. -- Park Electrochemical Corp. (NYSE-PKE) reported sales of $59,826,000 for the fourth quarter ended February 25, 2007 compared to sales of $56,974,000 for the fourth quarter of last year. Park's sales for the fiscal year ended February 25, 2007 were $257,377,000 compared to sales of $222,251,000 for the prior year.
Park reported net earnings before special items of $8,109,000 for the fourth quarter ended February 25, 2007 compared to net earnings before special items of $10,943,000 for last fiscal year's fourth quarter. The Company believes it is important to highlight that, in evaluating the quarter to quarter net earnings comparisons, the income ...