Ducommun Incorporated Reports Third Quarter 2023 Results
SANTA ANA, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its third quarter ended September 30, 2023.
- All-Time Record Quarterly Revenue and Adjusted Operating Income; Growth in both Commercial Aerospace and Defense; Strong Margin Expansion Driving Adjusted EBITDA to 14.9%
SANTA ANA, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its third quarter ended September 30, 2023. - In summary, Ducommun is well positioned to execute our stated strategy over the next four years with significant runway ahead.”
Net revenue for the third quarter of 2023 was $196.3 million compared to $186.6 million for the third quarter of 2022. - Electronic Systems segment net revenue for the quarter ended September 30, 2023 was $110.7 million, compared to $113.4 million for the third quarter of 2022.
- Structural Systems segment net revenue for the quarter ended September 30, 2023 was $85.5 million, compared to $73.2 million for the third quarter of 2022.