NYSE$DCO
Ducommun Incorporated · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported record quarterly revenue and gross margins.
Ducommun Incorporated reported a strong second quarter in 2024, marked by record quarterly revenue of $197.0 million, a 5.2% increase year-over-year, and a significant improvement in gross margin, which expanded by 460 bps to 26.0%. The company's net income also saw a substantial increase of 225% year-over-year, reaching $7.7 million, or $0.52 per diluted share.
- Net revenue reached a quarterly record of $197.0 million, up 5.2% compared to Q2 2023.
- Net income increased by 225% year-over-year to $7.7 million, or $0.52 per diluted share.
- Gross margin expanded by 460 bps year-over-year, reaching a new quarterly record of 26.0%.
- Adjusted EBITDA increased by 15% year-over-year to $30.0 million, representing 15.2% of revenue.
Headline financials
Revenue & EPS history
Ducommun · Revenue · Quarterly
$197M
Revenue by segment
Ducommun · $196M total across 2 segments · Q3 2023
- Electronic Systems$111M-2.4%56.4%
- Structural Systems$85.5M+16.9%43.6%
Forward guidance
Ducommun did not provide specific forward guidance in this earnings report.
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 2024
+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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