Park Electrochemical Reports Sales Drop in Q3


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Park reported basic and diluted earnings per share before special items of $0.21 for the current year’s third quarter compared to basic and diluted earnings per share before special items of $0.12 for last year’s third quarter and basic and diluted earnings per share before special items of $0.23 for the current year’s second quarter.  Basic and diluted earnings per share were $0.20 for the current year’s third quarter compared to basic and diluted earnings per share of $0.10 for last year’s third quarter and basic and diluted earnings per share of $0.23 for the current year’s second quarter.

Park reported basic and diluted earnings per share before special items of $0.67 for the current year’s first nine months compared to basic and diluted earnings per share before special items of $0.77 and $0.76, respectively, for last year’s nine-month period.  Basic and diluted earnings per share were $0.66 for the current year’s first nine months compared to basic and diluted earnings per share of $0.73 and $0.72, respectively, for last year’s nine-month period.

About Park Electrochemical Corp.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling for the aerospace markets. Park’s core capabilities are in the areas of polymer chemistry formulation and coating technology.  The Company’s manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains R&D facilities in Arizona, Kansas and Singapore.

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