Brief: Park Electrochemical Corp Q3 Earnings Per Share $0.04

Park Aerospace

04/01/2018 13:30

Jan 4 (Reuters) - Park Electrochemical Corp  PKE.N : 
    * . REPORTS THIRD QUARTER RESULTS 
    * Q3 EARNINGS PER SHARE $0.06 EXCLUDING ITEMS 
    * Q3 EARNINGS PER SHARE $0.04 
    * Q3 SALES $26.14 MILLION VERSUS $26.46 MILLION 
    * - ANNOUNCES STRATEGIC EVALUATION OF ELECTRONICS BUSINESS 
    * SAYS BOARD DECLARED A SPECIAL CASH DIVIDEND OF $3.00 PER 
SHARE 
    * SAYS SPECIAL CASH DIVIDEND WILL BE FUNDED FROM COMPANY'S 
CASH 
BALANCES 
    * PARK ELECTROCHEMICAL - UNDER ANY STRATEGIC ALTERNATIVE 
FOR 
ELECTRONICS BUSINESS, PARK WOULD RETAIN ITS AEROSPACE 
MANUFACTURING OPERATIONS IN KANSAS 
    * PARK ELECTROCHEMICAL-UNDER ANY ALTERNATIVE FOR ELECTRONICS 
BUSINESS,CO TO RETAIN AEROSPACE COMPOSITE MATERIALS 
MANUFACTURING FACILITY IN SINGAPORE 
    * - EXPECTS TO CONCLUDE ITS STRATEGIC EVALUATION OF 
ELECTRONICS 
BUSINESS IN Q2 OF ITS 2019 FISCAL YEAR ENDING MARCH 3, 2019 
    * -  UNDER ANY STRATEGIC ALTERNATIVE FOR ELECTRONICS 
BUSINESS, 
PARK WOULD ALSO RETAIN ITS HEADQUARTERS IN NEW YORK 
    * -  CONDUCTING A STRATEGIC EVALUATION, INCLUDING POTENTIAL 
SALE, 
OF ITS ELECTRONICS BUSINESS 
 
Source text for Eikon:  ID:nGNXOLMIIa  
Further company coverage:  PKE.N  
 
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