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Ducommun Incorporated supplies engineered products and manufacturing solutions for aerospace, defense and industrial customers. The company operates through Electronic Systems and Structural Systems, producing complex components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications.
Ducommun news commonly covers quarterly results, manufacturing volume, product mix, aerospace and defense demand, supplier relationships, board governance and capital-market communications. Company updates also reference its missile, radar, military, space and commercial aerospace exposure, along with investor conference participation and customer recognition within defense supply chains.
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.
Ducommun Incorporated (NYSE: DCO) will release its 2022 third quarter financial results on November 7, 2022, before market opening. CEO Stephen G. Oswald and CFO Christopher D. Wampler will host a conference call at 10:00 a.m. PT (1:00 p.m. ET) to discuss these results. Pre-registration for the call is required, and participants will receive confirmation and dial-in details. A live webcast will also be available, with replays accessible via Ducommun's website. Founded in 1849, Ducommun specializes in innovative products and manufacturing solutions for aerospace, defense, and industrial markets.
Ducommun Incorporated (NYSE: DCO) has celebrated the grand re-opening of its new 70,000 sq. ft. facility in Guaymas, Mexico, alongside an additional 45,000 sq. ft. building. This expansion aims to enhance production capabilities for its VersaCore Composite™ technology and other aerospace components. The event was attended by key partners including Boeing. Chairman Stephen G. Oswald emphasized that this move will drive revenue and earnings growth, supporting Ducommun's commitment to delivering high-quality products to the aerospace and defense sectors.
Ducommun Incorporated (NYSE: DCO) announced participation in the RBC Capital Markets Global Industrials Conference on September 14, 2022. Stephen G. Oswald, CEO, and Christopher D. Wampler, CFO, will represent the company. Institutional investors can schedule one-on-one meetings through RBC Capital Markets. Founded in 1849, Ducommun specializes in Electronic and Structural Systems, providing innovative products and manufacturing solutions to aerospace, defense, and industrial markets.
Ducommun's Appleton, Wisconsin performance center is set to achieve over $100 million in revenue this year, a significant milestone attributed to substantial growth and full lifecycle support for customers like Raytheon. Recently, Ducommun secured several Low Rate Initial Production (LRIP) contracts with Raytheon, including the Next Generation Jammer for the U.S. Navy, which is expected to generate over $10 million. Additionally, the company has been identified as a strategic supplier for Raytheon’s missile programs, representing over $8 million in revenue.
Ducommun Incorporated (NYSE: DCO) announced the participation of Christopher D. Wampler and Suman Mookerji in the Gabelli Funds 28th Annual Aerospace & Defense Symposium on September 8, 2022. A general presentation is scheduled for 1:15 p.m. Eastern, with one-on-one investor meetings throughout the day. Investors can access the live presentation via Zoom by registering through the provided link. Further information, including presentation materials, will be available on the Company’s website.
Ducommun reported a strong second quarter for 2022, achieving net revenue of $174.2 million, up 9% year-over-year. The company posted a net income of $4.1 million or $0.34 per diluted share, with adjusted net income at $9.3 million or $0.76 per diluted share. Additionally, Ducommun generated $20.7 million in free cash flow, marking its highest since the pandemic began. The record backlog reached $976 million, positioning the company well for future growth. Debt refinancing was completed after the quarter ended.
Ducommun Incorporated (NYSE: DCO) announced participation in the Jefferies Industrials Conference on August 9, 2022. Key executives including Stephen G. Oswald, Christopher D. Wampler, and Suman Mookerji will present at 8:30 a.m. Eastern and engage in one-on-one meetings with investors throughout the day. Investors can access a live webcast of the presentation via the company's official website, where replay details will also be posted.
Ducommun specializes in manufacturing solutions within aerospace and defense sectors, established since 1849.