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Ducommun Inc. - DCO STOCK NEWS

Welcome to our dedicated news page for Ducommun (Ticker: DCO), a resource for investors and traders seeking the latest updates and insights on Ducommun.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ducommun's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ducommun's position in the market.

Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) has been named one of America's Most Responsible Companies 2024 by Newsweek, highlighting its commitment to corporate social responsibility and sustainability. The recognition is based on rigorous evaluation of key performance indicators and a survey of U.S. residents, showcasing Ducommun's dedication to environmental, social, and governance practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) announces CEO's participation in the Citi Global Industrial Tech and Mobility Conference on February 21, 2024. The fireside chat will take place at 11:20 a.m. Eastern. Institutional investors can arrange one-on-one meetings with management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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conferences
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) achieved new all-time highs in revenue and adjusted EBITDA in 2023, reaching $757 million and $102 million, respectively. The company reported strong fourth-quarter results with revenue of $192.2 million, GAAP net income of $5.1 million, and adjusted net income of $10.4 million. Ducommun's strategic pricing initiatives and productivity improvements led to gross margin growth and record full-year revenue. The company also ended the year with a solid backlog of approximately $994 million, showing growth potential in both commercial aerospace and military and space sectors. Despite a slight decrease in net income year-over-year, Ducommun remains optimistic about continued growth in 2024, fueled by record order bookings and anticipated production rate increases at Boeing and Airbus.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
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earnings
Rhea-AI Summary
Ducommun Incorporated (NYSE:DCO) appointed David B. Carter as an independent director, expanding the board to nine members, with eight being independent. Mr. Carter, a former Senior Vice President of Engineering at Pratt & Whitney Company, Inc., brings extensive engineering product leadership experience to Ducommun's Innovation Committee. His expertise in engineered product lines and customer experience with major original equipment manufacturers will support DCO's 2027 strategy of building more engineered products and aftermarket in the revenue mix. The company aims to reach its 2027 commitments to shareholders through organic growth and acquisitions, ensuring long-term success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
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management
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) announced the release of the Company's 2023 fourth quarter financial results on February 15, 2024. The call to review these results will be hosted by chairman, president, and CEO Stephen G. Oswald, and CFO Suman Mookerji. The event will include a Q&A period and a live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) celebrated the sixth anniversary of the STEM on the Sidelines™ initiative promoting Science, Technology, Engineering, and Mathematics in local Los Angeles and Orange County high schools. The program, in partnership with the Los Angeles Chargers and University of California, Irvine, involves a fun contest for teams of students to use STEM skills to build, program, and navigate a rover over various football-themed courses and obstacles. Since its inception in 2018, over 700 students have participated and benefitted from the program. The 2023 champions, the 'Rock-It Robotics' team from Fountain Valley High School, were honored at the Chargers' home game against the Kansas City Chiefs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) received a BAE Systems Partner2Win Gold Medallion for exceptional performance and commitment to operational excellence, contributing to supply chain success and ensuring quality deliveries to customers. The Partner2Win program recognizes suppliers for their success in operations, quality, and procurement. BAE Systems maintains a close relationship with suppliers and creates an environment to share best practices, learnings, and innovative solutions to problems. All suppliers awarded this year went above and beyond to create the highest quality products for service men and women.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) reported all-time record quarterly revenue of $196.3 million for Q3 2023, with net income of $3.2 million. Adjusted EBITDA reached 14.9% of revenue, driven by growth in Commercial Aerospace and Defense. The Company's gross margins expanded by 200 bps year-over-year, reaching 22.7% for the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.51%
Tags
earnings
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Rhea-AI Summary
Ducommun Incorporated (NYSE: DCO) announced that it will release its 2023 third quarter financial results on November 8, 2023. The chairman, president, and CEO, Stephen G. Oswald, and the CFO, Suman Mookerji, will host a conference call at 10:00 a.m. PT to review the results. A live webcast of the event will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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none
Rhea-AI Summary
Ducommun Inc. CEO to participate in RBC Capital Markets Global Industrials Conference on Sept 13th, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
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conferences
Ducommun Inc.

NYSE:DCO

DCO Rankings

DCO Stock Data

751.09M
12.56M
14.27%
88.96%
1.09%
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About DCO

ducommun is a global provider of manufacturing and engineering services, developing innovative electronic, engineered and structural solutions for complex applications in aerospace, defense, industrial, natural resources and medical markets. we leverage our full-service collaborative approach, broad capabilities, and value-added services, such as prototyping, new product introduction, supply chain strategies and program management, to create value for our customers and find innovative answers to their complex electronic and structural needs. our vision is to be our customers' #1 provider of innovative electronics and structures solutions.