Ducommun Incorporated ( (DCO) ) has released its Q4 earnings. Here is a breakdown of the information Ducommun Incorporated presented to its investors.
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Ducommun Incorporated is a company that provides innovative manufacturing solutions primarily in the aerospace, defense, and industrial sectors, specializing in electronic and structural systems. The company has reported its fourth-quarter and full-year 2024 financial results, highlighting a record full-year revenue and gross margins. Ducommun’s fourth-quarter revenue reached $197.3 million, marking a 2.6% increase from the previous year, with a net income of $6.8 million, a 33% rise year-over-year. The company also achieved an adjusted EBITDA of $27.3 million, reflecting a 19% increase. The growth was driven by the military and space business, contributing to a strong backlog exceeding $1 billion. Looking ahead, Ducommun remains optimistic about continued growth, particularly in its defense and commercial aerospace segments, supported by strategic initiatives and expected industry developments.