MELVILLE, NY -- Park Electrochemical reported net sales of $43.4 million for its fiscal first quarter ended June 2, down 5.6% from a year ago.
The printed circuit laminate manufacturer reported net income was flat at $4.9 million.
Income before special items was $5.1 million, up 4% year-over-year. Park took pretax restructuring charges of $200,000 in connection with the closure of its Nelco Technology (Zhuhai FTZ) facility in Zhuhai, China.