Park Electrochemical

Satellite ace, home-goods king feel COVID-19 pinch

  COMTECH TELECOMMUNICATIONS CORP. Headquarters: Melville Industry: Technology Nasdaq: CMTL Reporting Date: June 3, 2020 Reporting Quarter: 3Q FY2020 Quarter Ended: April 30, 2020 Numbers: Net sales for the third quarter were reported as $135.1 million, a 20.7 percent decrease from the $170.4 million reported for the same quarter last fiscal year. The quarterly net loss was recorded as $3.98 million (16 cents per basic and diluted share), light-years off the quarterly income of $7.61…


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…