MELVILLE, NY – Park Electrochemical reported net sales of $29.1 million for the second fiscal quarter of 2017 ended Aug. 28, down 23.4% year-over-over and 7.7% sequentially.

Net earnings for the period were $1,981,000, down 56.6% year-over-year and 32.8% sequentially.

Park’s net sales for the six months ended Aug. 28 were $60.5 million, a decrease of 20% year-over-year.  Net earnings were $4.9 million, down 47.2% year-over-year.

 

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