Aerospace and defense maker Ducommun Inc. in Santa Ana expects to report “very good financial performance’’ in its first quarter despite the difficult time facing the country, with projected revenue above $170 million.
The company sees gross margin coming in above 20% for the period, according to a preliminary report issued Monday. Its full earnings release is due April 30.
The projected revenue would mark the ninth consecutive quarter of year-over-year revenue growth, it said.
Shares in Ducommun (NYSE: DCO) rose 3.1% today to $24.58 apiece for a market cap of $286 million.