NEWTON, Kan., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2025 fiscal year third quarter ended December 1, 2024. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EST today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/7jbapomd at 5:00 p.m. EST today. The presentation materials will also be available at approximately 4:15 p. ...

Company Overview - Park Aerospace Corp. develops and manufactures advanced composite materials for the global aerospace markets, including film adhesives and lightning strike protection materials [2] - The company's products are utilized in various aerospace applications, including jet engines, transport aircraft, military aircraft, UAVs, business jets, and rocket motors [2] - Park Aerospace aims to tackle projects that others find too difficult or unappealing, focusing on niche markets and specialized applications [2] Upcoming Events - Brian E. Shore, Chairman and CEO of Park Aerospace, will speak at the 27th Annual Needham Growth Conference on January 16, 2025, at 2:15 p.m. EST [1] - The presentation will be available via live audio webcast, with archived replay accessible for 90 days [1] - Presentation materials will be released on the company's website on the same day at approximately 8:30 a.m. EST [1]

NEWTON, Kan., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE) announced that it plans to release its financial results for its 2025 fiscal year third quarter ended December 1, 2024 after the New York Stock Exchange closes on Tuesday, January 14, 2025. The Company will conduct a conference call to discuss such results at 5:00 p.m. EST on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-39 ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 1, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to__________ Commission file number 1-4415 PARK AEROSPACE CORP. (Exact Name of Registrant as Specified in Its Charter) | --- | --- | --- | |------ ...

PARK AEROSPACE CORP. FY2025 Q2 Investor Conference Call October 15, 2024 ***Celebrating Park's 70th Anniversary*** Forward Looking Disclaimer This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operating performance, and include Park's expectations regarding revenues, Adjusted EBITDA, EBIT, and gro ...

Financial Data and Key Metrics Changes - For Q2 2025, the company reported sales of $16.7 million, gross profit of $4 million, and EBITDA of $3.2 million, slightly exceeding previous sales estimates of $15.9 million to $16.4 million and within the EBITDA estimate range of $3 million to $3.3 million [4][6][27] - The gross margin for Q2 was reported at 28.5%, impacted by approximately 2% due to depreciation expenses related to a new production facility [6][8] Business Line Data and Key Metrics Changes - Sales from the ArianeGroup RAYCARB product amounted to approximately $2.2 million in Q2, while ablative material sales were only $750,000, indicating a shift towards lower-margin products [5][6] - The company faced $600,000 in missed shipments due to international shipment issues and supply chain challenges [7] Market Data and Key Metrics Changes - The aerospace industry is currently facing significant supply chain challenges, affecting overall market sentiment and operational efficiency [28][29] - Airbus has pushed back its goal for achieving a delivery rate of 75 A320neo aircraft per month from 2026 to 2027 due to ongoing supply chain issues, particularly with engine availability [18][19] Company Strategy and Development Direction - The company is focused on ramping up its new production facility to meet future demand, referred to as the "Juggernaut," which is expected to significantly increase sales [7][30] - Park Aerospace is pursuing additional manufacturing lines and partnerships to support critical defense programs, indicating a strategic focus on expanding capabilities in high-demand sectors [32][33] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about the current state of the aerospace industry, highlighting ongoing supply chain issues that continue to impact production and sales forecasts [28][29] - The company remains optimistic about future sales opportunities, particularly with the GE Aerospace programs, despite acknowledging the risks associated with supply chain limitations [27][30] Other Important Information - The company has a strong cash position with $72 million in cash and no long-term debt, allowing for strategic investments and share buybacks [46] - A new license agreement for hypersonic missile programs has been established, indicating potential growth in defense-related revenues [33] Q&A Session Summary Question: Share repurchase strategy - The management was commended for being judicious in share repurchases, avoiding overpaying for stock [51] Question: Automation in new facilities - Inquiry about the potential disadvantages of not incorporating automation in the new facility was raised, with acknowledgment of the strong workforce culture [52]

Exhibit 99.1 NEWS RELEASE Contact: Donna D'Amico-Annitto 486 North Oliver Road, Bldg. Z Newton, Kansas 67114 (316) 283-6500 PARK AEROSPACE CORP. REPORTS SECOND QUARTER RESULTS Newton, Kansas, Tuesday, October 15, 2024…..Park Aerospace Corp. (NYSE-PKE) reported results for the 2025 fiscal year second quarter ended September 1, 2024. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EDT today. A live audio webcast of the event, along with presentation m ...

Financial Performance - Company reported net sales of $16,709,000 for the second quarter of the 2025 fiscal year, an increase from $12,481,000 in the same quarter of the previous year and $13,970,000 in the first quarter of the 2025 fiscal year [2] - Net earnings for the second quarter were $2,066,000, compared to $1,746,000 for the second quarter of the 2024 fiscal year and $993,000 for the first quarter of the 2025 fiscal year [2][3] - Adjusted EBITDA for the second quarter was $3,206,000, up from $2,669,000 in the second quarter of the previous year and $2,610,000 in the first quarter of the 2025 fiscal year [4] Earnings Per Share - Basic and diluted earnings per share for the second quarter were $0.10, compared to $0.09 for the second quarter of the previous year and $0.05 for the first quarter of the 2025 fiscal year [6] - For the first six months of the 2025 fiscal year, basic and diluted earnings per share were $0.15, down from $0.18 in the same period of the previous year [7] Special Items and Adjustments - The company recorded pre-tax charges of $46,000 and $1,098,000 related to storm damage during the second quarter and first six months, respectively [5] - Net earnings before special items for the second quarter were $2,092,000, compared to $1,746,000 for the second quarter of the previous year [3] Revenue Growth - Net sales for the first six months of the 2025 fiscal year were $30,679,000, compared to $28,032,000 for the same period in the previous year [2] - Gross profit for the second quarter was $4,757,000, representing 28.5% of net sales, compared to 32.7% in the previous year [17] Company Overview - Company develops and manufactures advanced composite materials for the aerospace industry, including film adhesives and lightning strike protection materials [12] - Target markets include jet engines, transport aircraft, military aircraft, and specialty applications for rocket motors and spacecraft [12]

NEWTON, Kan., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE) announced that it plans to release its financial results for its 2025 fiscal year second quarter ended September 1, 2024 after the New York Stock Exchange closes on Tuesday, October 15, 2024. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407- ...