Ducommun Inc Del Stock Price, News & Analysis

Ducommun Incorporated (NYSE:DCO) has successfully completed its acquisition of BLR Aerospace, LLC, via its subsidiary, Ducommun LaBarge Technologies, Inc. The acquisition, initially announced on March 21, 2023, is intended to enhance Ducommun's engineered products portfolio, particularly in the aftermarket sector. Founded in 1992, BLR is known for its advanced aerodynamic systems that improve the performance and safety of both commercial and military aircraft. The acquisition was financed through Ducommun's existing revolving credit facility. Stephen G. Oswald, CEO of Ducommun, expressed optimism about BLR's contributions to the company, citing the strategic value of its product offerings. Financial advisors for the transaction included B. Riley Securities for Ducommun and Houlihan Lokey for BLR.

Ducommun Incorporated (NYSE: DCO) announced its plan to release the Company's first quarter financial results for 2023 on May 4, 2023, before the stock market opens. The company’s chairman and CEO, Stephen G. Oswald, along with CFO Christopher D. Wampler, will host a conference call at 10:00 a.m. PT (1:00 p.m. ET) to discuss the results. Interested parties can pre-register for the call to receive dial-in details, and a live webcast will also be available. A replay will be accessible on the Ducommun website. Established in 1849, Ducommun specializes in Electronic and Structural Systems, offering innovative products and solutions in aerospace, defense, and industrial markets.

Ducommun Incorporated announced the acquisition of BLR Aerospace on March 20, 2023, under a definitive securities purchase agreement. This strategic move aims to enhance Ducommun's portfolio of proprietary engineered products, particularly in the aerospace sector. The acquisition, which requires regulatory approval, is anticipated to conclude in the second quarter of 2023. BLR is recognized for its advanced aerodynamic systems for rotary and fixed-wing aircraft, boasting a strong customer base that includes leading OEMs. Ducommun plans to finance the acquisition through its revolving credit facility, strengthening its position in both the commercial aviation and defense industries.

Ducommun (NYSE: DCO) reported its 2022 fourth-quarter and full-year results, showcasing significant growth with full-year revenues exceeding $713 million, marking a notable recovery since 2019. The fourth quarter saw revenues of $188.3 million, a 14% increase from Q4 2021, driven by a robust commercial aerospace market. However, net income dipped to $8.1 million, or $0.65 per diluted share, impacted by restructuring charges and the absence of a prior gain from a facility sale. The company's backlog stood strong at $961 million, indicating continued demand. Anticipated growth in the commercial aerospace sector is expected as Boeing and Airbus plan significant workforce expansions.

Ducommun Incorporated (NYSE: DCO) is set to release its 2022 fourth quarter financial results on February 16, 2023, before the stock market opens. The announcement includes a conference call led by CEO Stephen G. Oswald and CFO Christopher D. Wampler at 10:00 a.m. PT (1:00 p.m. ET) to discuss the results. Interested participants can pre-register through a provided link to obtain dial-in details. A live webcast will also be available, with a replay accessible on Ducommun’s website. Founded in 1849, Ducommun specializes in Electronic Systems and Structural Systems for aerospace, defense, and industrial sectors.

Ducommun Incorporated (NYSE: DCO) announced that key executives, Christopher D. Wampler and Suman Mookerji, will attend the Truist Securities Industrial and Services Summit on December 6, 2022. Institutional investors can schedule one-on-one meetings with the management team. Founded in 1849, Ducommun specializes in delivering innovative products and manufacturing solutions within aerospace, defense, and industrial markets, focusing on Electronic and Structural Systems. For more details, visit www.ducommun.com.

Ducommun Incorporated (NYSE: DCO) reported strong financial performance in Q3 2022, with net revenue of $186.6 million, a 14.3% increase from Q3 2021. Net income was $8.5 million or $0.69 per diluted share. Adjusted EBITDA was $26.0 million, representing 13.9% of revenue. The growth was driven by a 66% year-over-year increase in Commercial Aerospace revenue. However, gross margin slightly declined to 20.7% due to unfavorable product mix. Successful debt refinancing was completed, extending maturity to 2027.

Ducommun Incorporated (NYSE: DCO) announces an Investor Day on December 8, 2022, at the Park Hyatt Hotel in New York City. The event will provide updates on the company's business strategy and long-term growth plans. Presenters include CEO Stephen G. Oswald, CFO Christopher D. Wampler, and other key executives. The presentations will start at 9:00 a.m. ET, with doors opening at 8:30 a.m. ET. Attendees can register in advance, and a live webcast will be available for those unable to attend in person.