15.25
1.19%
0.18
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Why is Park Aerospace Corp (PKE) Stock down?
We've noticed a 5.66% decline in Park Aerospace Corp (PKE) stock during the 2024-07-19 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
06 Oct, 2023:
Park Electrochemical Corporatio (PKE) dropped by 9.24% from $15.80 to $14.34 in the trading on Friday October 6, 2023. The reason why PKE stock down is due to the Q1 FY24 results.
- Earnings per share of $0.09 for the 2024 fiscal year second quarter, compared to $0.09 per share for the year-ago period.
- Earnings from operations fell 9.8% on year to $2.22 million.
- Sales fell to $12.48 million from $13.88 million in the year-ago quarter.
- Gross margin contracted by 90 bps to 31.1%
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