Transcript: Park Aerospace Q1 2027 Earnings Conference Call

Park Aerospace (NYSE: PKE ) held its first-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Park Aerospace Corp.

8%, indicating a recovery from the previous quarter. -based manufacturing plant for C2B fabric and a major new manufacturing plant in Tulsa, Oklahoma, to support future growth and new business opportunities. S. C2B fabric plant to support the PAC3 MSC missile program, and expansion of capacity to support the commercial aircraft programs like the A320neo.

The company plans a $25 million advance payment to Ariane for the C2B plant, and the Tulsa plant is expected to double and triple current manufacturing capacities for commercial and missile systems, respectively. Management emphasized the importance of responding to customer demands and highlighted the positive impact of new business on long-term EBITDA margins. Full Transcript Paul, Operator Good afternoon, my name is Paul and I'll be your conference operator. Today at this time I would like to welcome everyone to the Park Aerospace Corp.

First Quarter Fiscal Year 2027 earnings release conference call and investor presentation. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star one on your telephone keypad.

If you'd like to withdraw your question, please press star two. At this time, I will turn today's call over to Mr. Brian Schorr, Chairman and Chief Executive Officer. Mr.

Schorr, you may begin your conference. Brian Schorr, Chairman & CEO Thank you very much. Operator, welcome all to—this is Brian, of course, welcome all to Park Aerospace's fiscal year 27 first quarter investor call. I have with me as usual Mark Esquivel, our President and COO.

So we published our Q1 earnings release just after the close. You want to, if you haven't seen that, you want to take a look at that because in the earnings release there are instructions as to how you can access the investor presentation that we're about to go through. There's a link and also you can access that on our website. So a couple of preliminary comments here.

It's only been seven weeks since our Q4 investor call. It's also been summer. So I had a feeling this Q1 call would be kind of a quiet call. Just little updates and we move on, but actually didn't work out that way.

There are a lot of important developments that we do we should go through with you, especially starting in the missile systems and then the new plant sections at the end. So what we'll probably try to do is go through the beginning portion, or the front end, let's say, of the presentation a little more quickly so we can get to the back end, if you will, more quickly again and spend a little more time because that requires much more discussion. I think unfortunately we—well, it's fortunate, but in this sense it's unfortunate.

We have a lot of new investors at Park and I apologize for we're going to go through the front end, if you will, of the presentation a little more quickly just to have time for the back end and for the veteran investors, probably not a problem. A lot of the stuff is we go every quarter but for new investors, if there's anything you want to talk to us about that we went over too quickly, please give us a call and we'd be happy to go through those items in more detail with you. And I guess the other thing I'll say is that we're happy to answer questions, of course, after we're done with the presentation. So why don't we get into it.

Slide 2 is our forward-looking disclaimer language. Let us know if you have any questions about that. Slide 3, our table of contents. Slide 1.

We start with our investor presentation and Appendix 1, supplementary financial information. We don't intend to go through that during the call, but if you have any questions about any of the supplementary financial info, please let us know. We've been featuring the James Webb Space Telescope for a while now in our table of contents, so we're not going to break the pattern here. The James Webb shattered our timeline of the universe—talking about some big stuff here, not just what we did for the quarter—by spotting impossible infinite galaxies containing all stars and heavy elements which should not be there.

It seems to be kind of a common theme with James Webb. We keep saying, yeah, it's not so be that way. And all of we believe are most of them just not. James Webb was produced 18 proprietary Park SGMastrutch.

Let's go on to Slide 4, our quarterly results. Let's just go through this quickly. Q1, the right-hand side, right-hand column. Sales 18,312,000.

Gross profit 6,376,000. 8%—as we often say, you know, we don't like it when it's below 30, like it was in Q4. So a little happier. Above 30%.

Adjusted EBITDA 4,576,000 and adjusted EBITDA margin 25%. What did we say about our Q1 during our Q4 investor call? When we gave you the kind of forecast estimate for Q1? 4.

So we came in within the range, maybe kind of toward the top end, but still within. 6. And again we came in within the range, maybe at the high end of the range, but still within. I thought we didn't cover this anymore, but maybe we do.

What is the significance of our forecast estimate? So we mentioned this many times, is that we're not doing the guidance thing where we give you numbers to beat. We don't do that. When we give you these numbers