NYSE$DCO
Ducommun Incorporated · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported strong second-quarter results driven by commercial aerospace demand and a record backlog.
Ducommun Incorporated reported strong Q2 2023 results, with revenue exceeding $180 million for the third consecutive quarter, up 8% year-over-year to $187.3 million. Commercial Aerospace revenues increased by 37% year-over-year, and gross margins expanded by 150 bps to 21.4%. The company's backlog reached a record $1.0 billion.
- Net revenue was $187.3 million.
- Net income was $2.4 million, or $0.17 per diluted share.
- Adjusted EBITDA was $26.1 million, representing 13.9% of revenue.
- Record backlog of $1.0 billion was achieved.
Headline financials
Revenue & EPS history
Ducommun · Revenue · Quarterly
$187M
Revenue by segment
Ducommun · $187M total across 2 segments · Q2 2023
- Electronic Systems$107M-2.4%57.2%
- Structural Systems$80.2M+24.4%42.8%
Forward guidance
Ducommun anticipates strong years ahead, validated by participation at the Paris Air Show and significant aircraft orders from Airbus and Boeing.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
+1.5%
Avg return
Earnings day
+3.6%
Avg return
5 days after
+2.8%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+36.6%
Q4 2019
Best reaction
-22.6%
Q1 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.3% | +1.8% | — | |
| Q4 2025 | -3.3% | +6.6% | -4.7% | |
| Q3 2025 | -2.5% | +6.0% | -2.6% | |
| Q1 2025 | +3.5% | +11.4% | +25.2% | |
| Q4 2024 | -6.4% | -7.3% | -4.7% | |
| Q3 2024 | +3.7% | +3.8% | -3.0% | |
| Q2 2024 | +3.3% | +9.9% | +2.4% | |
| Q1 2024 | +3.6% | +2.6% | +5.1% | |
| Q4 2023 | -3.2% | -3.8% | -1.0% | |
| Q3 2023 | -0.4% | +5.1% | +9.0% | |
| Q2 2023 | -8.4% | -8.3% | -5.8% | |
| Q1 2023 | -7.3% | -6.0% | -17.5% | |
| Q4 2022 | -7.8% | -5.7% | -13.7% | |
| Q3 2022 | +7.2% | +9.3% | +3.2% | |
| Q2 2022 | -5.9% | -2.9% | -10.6% | |
| Q1 2022 | +2.8% | -1.5% | -9.4% | |
| Q4 2021 | +4.4% | +8.7% | +15.2% | |
| Q3 2021 | +2.4% | +7.3% | -12.3% | |
| Q2 2021 | -3.0% | -4.8% | -9.0% | |
| Q1 2021 | -3.8% | -2.9% | -11.6% | |
| Q4 2020 | -1.6% | -0.8% | +10.7% | |
| Q3 2020 | -1.6% | +3.0% | +47.6% | |
| Q2 2020 | +4.5% | +5.0% | +11.4% | |
| Q1 2020 | -13.5% | -16.2% | +7.1% | |
| Q4 2019 | +36.6% | +15.1% | -54.1% | |
| Q3 2019 | +17.8% | +11.6% | +16.1% | |
| Q2 2019 | +14.0% | +8.4% | +0.5% | |
| Q1 2019 | +14.3% | +16.7% | +11.5% | |
| Q4 2018 | +10.0% | +7.9% | +3.5% | |
| Q3 2018 | +9.0% | +8.4% | -3.9% | |
| Q2 2018 | +17.5% | +23.4% | +28.0% | |
| Q1 2018 | +4.1% | +0.2% | +7.4% | |
| Q4 2017 | +0.4% | +4.2% | +6.6% | |
| Q3 2017 | -1.5% | -11.0% | -16.0% | |
| Q2 2017 | -2.1% | -3.7% | -6.7% | |
| Q1 2017 | +15.3% | +7.2% | +10.0% | |
| Q4 2016 | +4.6% | -6.2% | -8.5% | |
| Q3 2016 | +14.2% | +16.5% | +51.5% | |
| Q2 2016 | +8.4% | +20.4% | +28.1% | |
| Q1 2016 | +5.9% | — | — | |
| Q4 2015 | -4.4% | — | — | |
| Q3 2015 | -19.4% | — | — | |
| Q2 2015 | +12.6% | — | — | |
| Q1 2015 | -20.1% | — | — | |
| Q4 2014 | +12.4% | — | — | |
| Q3 2014 | -10.3% | — | — | |
| Q2 2014 | +18.3% | — | — | |
| Q1 2014 | +5.6% | — | — | |
| Q4 2013 | +6.2% | — | — | |
| Q3 2013 | -17.0% | — | — | |
| Q2 2013 | +16.5% | — | — | |
| Q1 2013 | -22.6% | — | — | |
| Q4 2012 | +2.6% | — | — | |
| Q3 2012 | +1.6% | — | — | |
| Q2 2012 | +28.2% | — | — | |
| Q1 2011 | -5.6% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2011 | -7.7% | — | — | |
| Q4 2009 | -7.7% | — | — | |
| Q3 2011 | -6.4% | — | — | |
| Q3 2010 | -6.4% | — | — | |
| Q2 2010 | -4.3% | — | — | |
| Q2 2011 | -4.3% | — | — | |
| Q4 2010 | -4.3% | — | — | |
| Q1 2010 | -2.4% | — | — |
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