Park Aerospace Corp. reports developments tied to its aerospace composite materials business and its NYSE-listed common stock. The company develops and manufactures solution and hot-melt composite materials, including film adhesives and lightning strike protection materials, used in composite structures for jet engines, transport aircraft, military aircraft, unmanned aerial vehicles, business jets, general aviation aircraft and rotary wing aircraft.
Recurring news includes quarterly financial results and conference-call announcements, regular cash dividend declarations, and corporate governance updates. Company releases also reference its sales of aerospace materials to customers in North America, Asia and Europe and its long record of uninterrupted quarterly dividend payments.
Park Aerospace (PKE) reported fiscal 2027 second-quarter net earnings of $4.534 million, higher than both the prior-year quarter and preceding quarter. For the quarter ended August 30, 2026, sales were $20.791 million versus $16.381 million a year earlier and $18.312 million in the first quarter. Basic and diluted earnings per share were $0.21, compared with $0.12 and $0.17, respectively, for those comparison quarters.
Gross margin was 34.3%, up from 31.2% a year earlier but below the first quarter's 34.8%. Adjusted EBITDA, a non-GAAP earnings measure, rose to $5.285 million from $3.401 million a year earlier. First-half sales reached $39.103 million and net earnings reached $8.067 million, versus $31.781 million and $4.484 million a year earlier. Cash and marketable securities totaled $114.749 million, compared with $89.368 million at March 1, 2026.
Park Aerospace (NYSE: PKE) plans to release its fiscal 2027 second-quarter financial results after market close on October 8, 2026. The quarter ended August 30, 2026. A conference call to discuss the results will begin at 5:00 p.m. EDT that day, with a live audio webcast and presentation materials available online.
Park Aerospace (PKE) appointed Dhivakar J. Kumar as Vice President of Operations and Product Development. He joined Park in 2012 and has advanced through roles including Materials and Process Engineer, Lead Materials and Process Engineer, Engineering Manager and Director of Product Development.
Before Park, Kumar was a Product Engineer at WebCore Technologies from 2010 to 2012. He holds a Master of Science in Mechanical and Aerospace Engineering from Oklahoma State University and a Bachelor of Engineering in Mechanical Engineering from Anna University in Chennai, India. Park develops and manufactures advanced composite materials and parts for global aerospace applications, including aircraft, UAVs, rocket motors and radomes.
Park Aerospace Corp (PKE) declared a regular quarterly cash dividend of $0.125 per share, payable on November 4, 2026 to shareholders of record as of the close of business on October 1, 2026.
The company reports a track record of 41 consecutive years of uninterrupted regular quarterly cash dividends, without skipping a payment or reducing the dividend amount. Since the beginning of its 2005 fiscal year, Park has paid a total of $616.4 million in cash dividends, or $30.10 per share.
Park develops and manufactures advanced composite materials and structures for a wide range of aerospace applications, including commercial, military, business, general aviation, UAVs, rotary-wing aircraft, rocket motors and radomes.
Park Aerospace (NYSE:PKE) announced the election of Constantine (“Gus”) Petropoulos as Senior Vice President and Chief Financial Officer, effective August 13, 2026. He previously served as Senior Vice President and Chief Legal and Capital Markets Officer and, earlier, as Senior Vice President-Administration and General Counsel.
Petropoulos, who will continue reporting to Chairman and CEO Brian E. Shore, has prior experience as a law firm partner and senior legal roles at Park Aerospace, Scientific Games, Coca-Cola HBC and Latham & Watkins. Park develops advanced composite materials and structures for global aerospace applications.
Park Aerospace (NYSE:PKE) announced the sudden passing of Daniel McNamara, the company’s Vice President and Corporate Controller, on July 19, 2026. According to Park Aerospace, McNamara joined in 2012 as Senior Accountant and advanced through roles including Accounting Manager, Assistant Controller and Corporate Controller.
Chairman and CEO Brian E. Shore described McNamara as a highly competent, reliable accountant and a beloved member of the “Park Family,” noting the company is in shock and deep mourning. The release also reiterates Park’s focus on advanced composite materials and structures for global aerospace applications.
Park Aerospace (NYSE:PKE) reported 2027 fiscal first quarter results for the period ended May 31, 2026. Net sales were $18.3 million, up from $15.4 million in the 2026 fiscal first quarter, but down from $24.2 million in the 2026 fiscal fourth quarter. Net earnings were $3.5 million versus $2.1 million a year earlier and $3.8 million in the prior quarter, with basic and diluted EPS of $0.17 compared with $0.10 a year ago and $0.19 last quarter.
Adjusted EBITDA was $4.6 million, versus $3.0 million in the prior-year first quarter and $5.2 million in the fourth quarter; no special items affected these periods. Gross margin was 34.8%, above both comparison periods. Park ended the quarter with $89.4 million in cash and marketable securities, total assets of $144.4 million, shareholders’ equity of $131.0 million, and equity per share of $6.27.
Park Aerospace (NYSE:PKE) plans to release financial results for its 2027 fiscal year first quarter, ended May 31, 2026, after the NYSE close on Monday, July 20, 2026. The company will host a conference call at 5:00 p.m. EDT, with live webcast, presentation materials, and replay access provided.
Park Aerospace (NYSE:PKE) announced the election of John Jamieson to the new role of Senior Vice President and General Manager, continuing to report to President and COO Mark Esquivel. John previously served as Senior Vice President of Project Management at Park since July 2024 and earlier held leadership roles at Active Dynamics Group, Park Aerospace, Active Metals Company and Sanmina Corporation. Chairman and CEO Brian Shore expressed strong support for John’s appointment and outlined his mission as improving Park on a daily basis toward the company’s goal of “Greatness.” Park Aerospace designs and manufactures advanced composite materials, parts and structures for a wide range of aerospace applications, including jet engines, aircraft, UAVs, rockets and radomes.
Park Aerospace (NYSE:PKE) declared a regular quarterly cash dividend of $0.125 per share, payable August 3, 2026 to shareholders of record on July 1, 2026.
Park reports 41 consecutive years of quarterly dividends and has distributed $613.7 million, or $29.975 per share, since the start of fiscal 2005.