Park Electrochemical

In space, no one can hear Comtech scream (with joy)

  COMTECH TELECOMMUNICATIONS CORP. Headquarters: Melville Industry: Technology Nasdaq: CMTL Reporting Date: Dec. 4, 2019 Reporting Quarter: 1Q FY2020 Quarter Ended: Oct. 31, 2019 Numbers: Net sales for the first quarter were reported as $170.3 million, a 5.9 percent increase over the $160.8 million reported for the same quarter last fiscal year. Quarterly net income skyrocketed more than 84 percent – from $3.46 million in 1Q FY2019 to $6.38 million this year – and both…


Struggling Melville maker eyes electronics

Park Electrochemical Corp.’s fiscal 2017 slump continued in the company’s second quarter, according to an earnings report issued this month. Reporting Oct. 5 on its FY2017 second quarter, which ended Aug. 31, the Melville-based maker of printed circuit boards and composite materials for aerospace manufacturers noted sagging earnings and revenues, both well off their year-prior 2Q FY2016 levels. The company reported earnings of $2 million for the FY2017 second quarter, down 56.9 percent from the…


GE stall, Asian slump nip Park Electrochemical

A weakened Asian market contributed to year-over-year and quarterly drops in net sales and earnings for Park Electrochemical Corp. – though an international aerospace rebound may have the Melville manufacturer regaining altitude soon. Reporting June 29 on the first quarter of its 2017 fiscal year, Park Electrochemical – a producer of printed circuit boards and composite materials for aerospace manufacturers – noted net sales of $31.49 million. That’s down from the $37.83 million reported for…