Ducommun Incorporated Reports Net Income of $7.6 Million in Q2 2023

Ducommun Incorporated,(DCO) a leading provider of engineering and manufacturing services, has released its financial results for the second quarter of 2023. The unaudited condensed consolidated financial statements reveal the company's net income and revenue figures for the period ended July 1, 2023.

Net Income for Q2 2023

During the three months ended July 1, 2023, Ducommun Incorporated reported a net income of $2.4 million, which was a significant decrease compared to the $4.1 million earned during the same period last year. This decline in net income was attributed to various factors, including increased operating expenses and restructuring charges incurred during the quarter.

Revenue in Q2 2023