MELVILLE, NY – Park Electrochemical reported net sales of $50.4 million for the fourth quarter ended Feb. 28, up 42% year-over-year.
Net earnings for the quarter were $10.4 million, down 47% year-over-year.
Net sales for the year were $175.7 million, down 12.2% compared to fiscal year 2009. Net earnings were $25.4 million, down 27.4% compared to the year ended Mar. 1, 2009.
Park manufactures printed circuit materials under the Nelco brand.