Earnings Labs

Park Aerospace Corp. (PKE)

Q2 2024 Earnings Call· Fri, Oct 6, 2023

$34.03

+0.32%

Key Takeaways · AI generated
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Transcript

Operator

Operator

Good afternoon. My name is Alicia, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Park Aerospace Corp. Second Quarter 2024 Earnings Release Conference Call and Investor Presentation. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will a question-and-answer session. [Operator Instructions] At this time, I would like to turn the call over to Mr. Brian Shore, Chairman and Chief Executive Officer. Mr. Shore, you may begin your conference.

Brian Shore

Analyst

Thank you, Alicia. So welcome, everybody. This is Brian, of course. Welcome to our fiscal 2024 second quarter investor conference call. With me, as usual, Matt Farabaugh, our CFO. Make sure you are accessing the presentation, we announced our earnings just a little while ago and there are instructions as to how to access the presentation we are about to go through. Also, it's posted on our website, if you want to do it that way. So what we are going to do with this presentation, maybe a little bit of a different approach, is that we'll focus on our second quarter dynamics and then longer-term outlook dynamics for our future and we'll skip over some things like the trend information regarding industry trends. And then we'll go right to questions. But again, we'd probably still take 45, 50 minutes to get through our presentation. And of course, before we proceed, I want to just remind you, mention to you, that we are in our 70th year in business. So let's go do it. Slide 2 is our forward-looking disclaimer information. Let us know if you have any questions. Slide 3 is our table of contents. Our Slide 1 is our Q2 presentation, and we have supplementary financial information in Appendix 1, and we don't intend to cover that or discuss it. If you have any questions about it, please let us know. A picture of the – sorry, A321XLR, which is an important potential program, future program for Park. Let's go on to Slide 4. We'll have to slow down here a little bit. Our quarterly results – so let's start go right to the right-hand column there for Q2. If you notice, the revenues are way down since Q1, about $3.1 million, and we'll discuss that in detail,…

Operator

Operator

Great. Thank you. We will now be conducting a question-and-answer session. [Operator Instructions] All right, Brian. I am not seeing any question at this time. I would like to turn the floor back over to you for closing comments. : :

Brian Shore

Analyst

Okay. Well, this is Brian again. Thank you very much, operator. Thank you all for listening in. Feel free to give Matt or me a call if you have any follow-up questions. And you have a good day, and we'll talk to you again soon. Take care. Bye.

Operator

Operator

Thank you. This concludes today's teleconference. You may disconnect your lines at this time. Thank you for your participation.