Ducommun

Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. The firm's products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm's products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.

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Ducommun reports robust Q4 performance, eyes growth amid challenges

Ducommun's Q4 2022 performance reflects growth in commercial aerospace and defense, with strong financial metrics and a positive outlook on future opportunities.
While facing challenges such as margin transitions and supply chain constraints, Ducommun is strategically positioned for growth and operational improvements in 2023.
The company's focus on efficiency, liquidity, and strategic investments underscores its commitment to long-term success and shareholder value.
Overall, Ducommun's performance, strengths, and proactive approach to challenges and opportunities set a solid foundation for future growth and profitability.

Ducommun reports strong Q1 earnings, eyes growth through acquisitions

Ducommun's Q1 2023 performance showcased robust revenue growth and solid backlog performance in key sectors.
While facing challenges in defense business and restructuring, the company is well-positioned for sustained growth.
Opportunities lie in improved free cash flow, strategic investments, and revenue diversification through acquisitions.
Management's focus on profitability, liquidity, and growth signals a positive outlook for Ducommun in 2023.

Ducommun reports robust Q2 performance, eyes growth through diversification

Ducommun's Q2 2023 performance reflects resilience in Commercial Aerospace, strong backlog, and margin improvement.
The company faces challenges with defense revenue decline and restructuring charges but remains optimistic about future growth.
Opportunities lie in revenue diversification, margin enhancement, and strategic focus on Aftermarket business for long-term success.
Overall, Ducommun's financial stability, customer demand, and strategic initiatives position it for a strong second half of 2023.

Ducommun (DCO) achieves record Q3 revenue, eyes Vision 2027 goals

Ducommun (DCO) delivered exceptional Q3 results with record revenue, strong margins, and growth in key business segments, positioning the company for future success.
While facing risks and restructuring expenses, Ducommun's focus on operational efficiency, financial stability, and long-term savings presents a resilient outlook.
Optimism about achieving Vision 2027 goals, gratitude to stakeholders, and a commitment to navigating challenges underscore Ducommun's strategic direction and resilience.

Ducommun reports robust Q4 earnings, anticipates growth in 2024

Ducommun delivered solid financial performance in Q4 2023, with revenue growth, margin improvement, and strong backlog levels across segments.
While facing challenges such as market cyclicality and restructuring costs, Ducommun remains focused on operational efficiency and growth opportunities.
With a positive outlook for 2024 and a strategic focus on key areas, Ducommun is poised for continued success and value creation for stakeholders.

Ducommun reports robust Q1 earnings, eyes acquisitions for growth

Ducommun (DCO) delivered strong financial results in Q1 2024, showcasing revenue growth, improved margins, and increased backlog.
The company's Vision 2027 strategy and focus on acquisitions and organic growth position it well for long-term success.
While facing challenges such as market risks and competition, Ducommun remains optimistic about its future prospects and growth potential.
With a record backlog, strategic initiatives, and a commitment to achieving goals, Ducommun is poised for a successful year ahead.

Ducommun (DCO) posts record revenue in Q3 2024 earnings call

Ducommun's Q3 2024 showcased solid financial performance, strategic initiatives for growth, and a positive outlook despite challenges. The company's focus on revenue diversification and operational efficiency positions it well for future opportunities and sustained growth.

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Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defense, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems segments. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. The firm's products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm's products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Costa Mesa, CA.

ROCKVILLE, Md.--(BUSINESS WIRE)--Today, Albion River LLC issued the following statement: “Albion River LLC's affiliate Ignium LP (“Albion”) continues to acquire shares in Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) and now owns over 9.2% of the Company's outstanding shares.1 Albion owns more shares in Ducommun than all of management and the Board of Directors combined. Ducommun's stock hit a 52-week high once Albion's bid was disclosed by the Company. Since then, Ducommun ha.

Albion River Comments on Recent Statement from Ducommun Board

SANTA ANA, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2024 first quarter financial results on May 8, 2024, prior to the stock market opening. Stephen G. Oswald, the Company's chairman, president and chief executive officer, and Suman Mookerji, the Company's senior vice president and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results.

Ducommun Incorporated Announces First Quarter Conference Call

Ducommun Inc. said Tuesday its board is officially rejecting a $60-a-share unsolicited bid from Albion River LLC, after determining it's not in the best interests of the company.

Ducommon's board rejects $60-a-share unsolicited bid from Albion River

Proposal undervalues Ducommun and does not fully reflect the Company's proven, long-term growth initiatives.  Ducommun's Board and Management remain focused on successfully delivering our Vision 2027 Strategy.

Ducommun Incorporated Rejects Unsolicited, Non-Binding Indication of Interest From Albion River

SANTA ANA, Calif., April 12, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce two major awards totaling over $50M in revenue for the Raytheon SPY-6 family of radar systems. These two awards represent a $25M follow on order for one circuit card assembly already in production, along with another $25M order for one circuit card assembly that will be brand new production for DCO. All cards will be produced at Ducommun's world-class engineering and manufacturing performance center for circuit cards assemblies in Tulsa, Oklahoma.

Ducommun Incorporated Announces Award of Major Defense Orders for Raytheon Radar Systems

Ducommun shares popped more than 15% after the supplier of electric systems for aerospace and defense customers confirmed it has received an unsolicited offer from investment firm Albion River to acquire the company for $878.4 million. It said Albion River has offered it $60 per share, a premium to its share price of about $48 at Friday's close.

Ducommun shares takeoff on premium buyout offer from Albion River

The stock of Ducommun Inc. soared 21% early Monday, after the maker of components for the aerospace and defense industry confirmed that it has received a $60-a-share unsolicited bid from Albion River LLC, a private investment company.

Ducommon's stock soars 21% premarket after company confirms receiving unsolicited $60-a-share bid

Private investment firm Albion River offers to acquire the aerospace and defense supplier for $60 a share in cash.

Ducommun Stock Pops After Getting Buyout Offer

SANTA ANA, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, today confirmed that the Company's Board of Directors has received an unsolicited non-binding indication of interest from Albion River LLC, a private direct investment firm, to acquire all outstanding shares of Ducommun for $60.00 per share in cash.

Ducommun Incorporated Confirms Receipt of Unsolicited, Non-Binding Indication of Interest From Albion River

SANTA ANA, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, has been named to Newsweek's list of Most Responsible Companies 2024, recognizing organizations for their unwavering commitment to corporate social responsibility (CSR) and long-term sustainability.

Ducommun Incorporated Named to Newsweek's List of Most Responsible Companies for 2024

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DCO, BY and DVN have been added to the Zacks Rank #5 (Strong Sell) List on February 22, 2024.

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SANTA ANA, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Stephen G. Oswald, the Company's chairman, president and chief executive officer will participate in the upcoming Citi Global Industrial Tech and Mobility Conference on February 21, 2024. A fireside chat will be held at 11:20 a.m. Eastern.

Ducommun to Participate in Citi's Global Industrial Tech and Mobility Conference

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Ducommun, Inc. (DCO) Q4 2023 Earnings Call Transcript

Ducommun (DCO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.85 per share a year ago.

Ducommun (DCO) Surpasses Q4 Earnings Estimates

New All Time Highs for Revenue and Adjusted EBITDA in 2023 of  $757 Million and $102 Million, Respectively SANTA ANA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2023.

Ducommun Incorporated Reports Fourth Quarter 2023 Results

Ducommun Incorporated has gained 12.9% since September 2023, outperforming the S&P 500. The company operates in the aerospace industry, serving major companies such as Boeing and Airbus. Ducommun has significant growth drivers, including exposure to commercial airplane programs and increased defense budgets.

Ducommun Stock Is Still A Buy On End Market Growth

SANTA ANA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) announced today that its Board of Directors elected David B. Carter as an independent director of the company, effective February 1, 2024. Mr. Carter's appointment expands the number of directors on Ducommun's board to nine, eight of whom are independent. Mr. Carter will be a member of the company's Innovation Committee.

David B. Carter Joins Ducommun Incorporated's Board of Directors

SANTA ANA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2023 fourth quarter financial results on February 15, 2024, prior to the stock market opening. Stephen G. Oswald, the Company's chairman, president and chief executive officer, and Suman Mookerji, the Company's senior vice president and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results.

Ducommun Incorporated Announces Fourth Quarter Conference Call

SANTA ANA, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, is proud to announce that it received a BAE Systems Partner2Win Gold Medallion on November 14, 2023, for its exceptional performance and commitment to operational excellence. Ducommun's contributions to supply chain success helped BAE Systems ensure quality deliveries to customers.

BAE Systems' Combat Mission Systems business awards Ducommun Incorporated ‘Partner2Win' Gold Medallion at its fifth annual ‘Partner2Win' supplier symposium

Ducommun Incorporated (NYSE:DCO ) Q3 2023 Earnings Conference Call November 8, 2023 1:00 PM ET Company Participants Suman Mookerji - Senior Vice President & Chief Financial Officer Steve Oswald - Chairman, President & Chief Executive Officer Conference Call Participants Michael Ciarmoli - Truist Mike Crawford - B. Riley Securities Jason Gursky - Citi Operator Good day, and thank you for standing by.

Ducommun Incorporated (DCO) Q3 2023 Earnings Call Transcript

All-Time Record Quarterly Revenue and Adjusted Operating Income; Growth in both Commercial Aerospace and Defense; Strong Margin Expansion Driving Adjusted EBITDA to 14.9%

Ducommun Incorporated Reports Third Quarter 2023 Results

Ducommun (DCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Ducommun (DCO) Q3 Earnings Expected to Decline

Ducommun Incorporated provides engineering and manufacturing services for various industries, including aerospace and defense. Ducommun aims to achieve significant revenue growth and increase its EBITDA through restructuring, cost-cutting measures and accretive acquisitions. The company aims to expand its portfolio and extract more value from that portfolio.

Ducommun Aims For A Bigger Piece Of A Growth Pie

Ducommun Incorporated (NYSE:DCO ) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Suman Mookerji - Senior Vice President, Chief Financial Officer, Controller and Treasurer Steve Oswald - Chairman, President and Chief Executive Officer Conference Call Participants Ken Herbert - RBC Capital Markets Jason Gursky - Citi Mike Crawford - B. Riley Securities Michael Ciarmoli - Truist Operator Good day and thank you for standing by.

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