Financial Data and Key Metrics Changes - Q1 2025 revenue was $194.1 million, a 1.7% increase from $190.8 million in Q1 2024, marking the sixteenth consecutive quarter of year-over-year revenue growth [9][25] - Gross margin increased to 26.6%, up 200 basis points from 24.6% year-over-year, achieving a new quarterly record [13][26] - Adjusted EBITDA reached 15.9%, a record as a percentage of sales, up from 14.4% in the prior year [14][31] - GAAP diluted EPS was $0.69, compared to $0.46 in Q1 2024, while adjusted diluted EPS was $0.83, up from $0.70 [14][31] Business Line Data and Key Metrics Changes - Military and space revenue grew by 15% year-over-year to $114 million, driven by missile and electronic warfare programs [10][21] - Commercial aerospace revenue declined by 10% to $72 million, marking the first decline in 15 quarters, primarily due to lower demand for the 737 MAX [11][22] - Industrial business revenue decreased to $9 million as the company continues to prune non-core operations [23] Market Data and Key Metrics Changes - The defense backlog increased by over $15 million year-over-year to $620 million, representing 59% of the total backlog [15][21] - The commercial aerospace backlog decreased by $31 million to $411 million due to lower OEM production rates [16][22] - The company expects a recovery in commercial aerospace as production rates ramp up in 2025 [22] Company Strategy and Development Direction - The company is executing its Vision 2027 strategy, aiming to increase the revenue percentage from engineered products, which accounted for 23% in 2024, up from 19% in 2023 [9][17] - The strategy includes targeted acquisitions, consolidation of manufacturing operations, and expansion in high-growth segments of the defense budget [9][10] - The company is focused on maintaining a strong mix of defense and commercial aerospace to mitigate risks associated with market cyclicality [10][70] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in commercial aerospace and continued strength in defense, reaffirming guidance for mid-single-digit revenue growth for 2025 [18][70] - The company does not anticipate significant impacts from tariffs on its revenues, as 95% of its revenue is generated in the U.S. [19][29] - Management highlighted the importance of maintaining operational efficiency and strong relationships with key customers like Boeing and Spirit [83][84] Other Important Information - The company has ceased operations in two facilities, expecting to realize cost savings as production ramps up in other locations [13][36] - Cash flow from operating activities improved to $800,000 in Q1 2025, compared to a use of $1.6 million in Q1 2024 [38] - The company is actively pursuing M&A opportunities, focusing on niche engineered product businesses that span both defense and commercial aerospace [54][56] Q&A Session Summary Question: How would you characterize any delay in ship set rates to Boeing and Spirit? - Management noted that Boeing is producing in the low twenties and Spirit is ramping up to the mid to high twenties, with expectations for continued growth despite destocking impacts [43][45] Question: Are you tracking towards your M&A placeholder for Vision 2027? - Management confirmed they are tracking multiple opportunities and remain confident in completing a deal this year [54][56] Question: What are your expectations for growth rates between commercial aerospace and defense for the remainder of the year? - Management expects continued strength in defense and a recovery in commercial aerospace, aiming for mid-single-digit growth overall [68][70]

Core Viewpoint - Ducommun (DCO) reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, and showing an increase from $0.70 per share a year ago, representing an earnings surprise of 40.68% [1][2] Financial Performance - The company achieved revenues of $194.11 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.74% and increasing from $190.85 million year-over-year [2] - Over the last four quarters, Ducommun has consistently surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Ducommun shares have declined approximately 8% since the beginning of the year, compared to a 3.9% decline in the S&P 500 [3] - The company's current consensus EPS estimate for the upcoming quarter is $0.72 on revenues of $198.67 million, and for the current fiscal year, it is $3.28 on revenues of $820.35 million [7] Industry Context - The Aerospace - Defense Equipment industry, to which Ducommun belongs, is currently ranked in the top 12% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]

Disclosures Forward-Looking Statements: This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be preceded by, followed by or include the words "believes," "expects," "anticipates," "intends," "plans," "estimates" or similar expressions. These statements are based on the beliefs and assumptions of the Company's management. Generally, forward-looking statements include information concerning the Company' ...

EXHIBIT 99.1 NEWS RELEASE Ducommun Incorporated Reports First Quarter 2025 Results Excellent Start to 2025; Record Quarterly Gross Margins COSTA MESA, CALIFORNIA (May 6, 2025) – Ducommun Incorporated (NYSE: DCO) ("Ducommun" or the "Company") today reported results for its first quarter ended March 29, 2025. First Quarter 2025 Recap "An excellent start to 2025 for Ducommun as we continue to make good progress towards our VISION 2027 goals with record gross margins during the quarter along with strong Adjuste ...

COSTA MESA, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Stephen G. Oswald, the Company’s chairman, president and chief executive officer will participate in the upcoming 2025 Truist Securities Industrials & Services Conference on May 8, 2025, with one-on-one investor meetings scheduled throughout the day. Institutional investors are welcome to contact Truist to arrange one-on-one meetings with management. About Ducommun Incorp ...

COSTA MESA, Calif. , May 01, 2025 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative solutions for the aerospace & defense industry, announced today the appointment of Clay Bringhurst, the Company’s current president of Nobles Worldwide and BLR Aerospace, to vice president of Ducommun’s engineered products business. Clay will also continue to lead the BLR Aerospace business. “I am pleased to announce the promotion of Clay to vice president of ...

Core Viewpoint - The market anticipates a year-over-year decline in Ducommun's earnings due to lower revenues, with a focus on how actual results will compare to these estimates [1][2]. Earnings Expectations - Ducommun is expected to report quarterly earnings of $0.59 per share, reflecting a year-over-year decrease of 15.7% [3]. - Revenues are projected to be $190.8 million, indicating no change from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.69% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Ducommun is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +23.73% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [8]. - Ducommun currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11]. Historical Performance - In the last reported quarter, Ducommun exceeded the expected earnings of $0.70 per share by delivering $0.75, resulting in a surprise of +7.14% [12]. - The company has beaten consensus EPS estimates in all of the last four quarters [13]. Conclusion - While Ducommun may not appear to be a strong candidate for an earnings beat, investors should consider other influencing factors before making investment decisions [16].

COSTA MESA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative solutions for the aerospace & defense industry reaffirms its commitment to American manufacturing with 95% of its revenue derived from operations based in the United States. The Company's only international operation is located in Guaymas, Mexico with products manufactured at that facility being covered under the United States-Mexico-Canada Agreement and acco ...

Group 1 - Ducommun (NYSE: DCO) reported its fourth quarter and full-year earnings on February 27, missing EPS estimates but beating revenue expectations [1] - The stock prices declined following the earnings report, indicating market reaction to the mixed results [1] - The Aerospace Forum aims to identify investment opportunities in the aerospace, defense, and airline sectors, leveraging data analytics for informed analysis [1] Group 2 - The investing group provides direct access to data analytics monitors, enhancing the investment research process [1]

Ducommun (DCO) Q4 2024 Earnings Call February 27, 2025 09:10 PM ET Company Participants Suman Mookerji - Senior VP, CFO, Controller & TreasurerStephen Oswald - Chairman, President & CEOKen Herbert - Managing DirectorMike Crawford - SMD & Head of Discovery GroupJeremy Jason - Equity Research AssociateAlexandra Mandery - Equity Research Associate Operator Good day and thank you for standing by. Welcome to the Fourth Quarter twenty twenty four Ducommun Earnings Conference Call. At this time, all participants a ...