MELVILLE, NY -- Park Electrochemical reported fiscal third-quarter profits rose 7.5% year-over-year to $5.38 million.
The year-ago results include a one-time charge of $1.3 million related to the closure of its Park's Neltec Europe SAS business unit.
For the period ended Nov. 27, the printed circuit board laminate maker reported sales rose 1% to $47.3 million.
Year-to-date sales through Nov. 27 were $149.6 million, down 7% from last year.
Park also sells high-frequency materials under the Nelco brand.