Santa Ana-based Ducommun Inc (NYSE: DCO) reported adjusted fourth-quarter earnings per share of 70 cents, beating analysts’ estimates by 8 cents, while revenue of $192.2 million for the period was below consensus expectations.
The quarterly revenue was 2% above the amount in the same period a year ago, the aerospace, defense and industrial component maker said in a statement today.
Full-year 2023 revenue was $757 million, an all-time company high and a 6.3% increase over the same period in 2022.
Shares shares in Ducommun closed up 1.6% at $51.60 apiece for a market cap of $753 million.
For further details, see the February 26 edition of the Business Journal.
