Park Electrochemical Bottom Line Retreats 57% In Q2

(RTTNews) - Park Electrochemical (PKE) revealed a profit for second quarter that fell compared to the same period last year.

The company said its bottom line fell to $2.00 million, or $0.10 per share. This was down from $4.64 million, or $0.23 per share, in last year's second quarter.

The company said revenue for the quarter fell 23.4% to $29.06 million. This was down from $37.95 million last year.

Park Electrochemical earnings at a glance:

-Earnings (Q2): $2.00 Mln. vs. $4.64 Mln. last year. -Earnings Decline (Y-o-Y): -56.9% -EPS (Q2): $0.10 vs. $0.23 last year. -EPS Decline (Y-o-Y): -56.5% -Revenue (Q2): $29.06 Mln vs. $37.95 Mln last year. -Revenue Change (Y-o-Y): -23.4%