Park Electrochemical Corp. announced unaudited earnings results for the third quarter and nine months ended November 30, 2014. For the quarter, the company announced sales of $34,679,000 compared to $39,678,000 for the same period a year ago. Net earnings were $2,031,000 compared to $4,721,000 for the same period a year ago. Basic and diluted earnings per share were $0.10 compared to $0.23 for the same period a year ago. Earnings from operations were $2,208,000 compared to $4,932,000 for the same period a year ago. Earnings before income taxes were $2,069,000 compared to $4,884,000 for the same period a year ago. Capital expenditures for the third quarter of the 2015 fiscal year were $148,000 compared to $161,000 in the 2014 fiscal year third quarter and $179,000 in the 2015 fiscal year second quarter.

For the nine months, the company announced sales of $125,845,000 compared to $127,613,000 for the same period a year ago. Net earnings were $15,202,000 compared to $17,695,000 for the same period a year ago. Basic and diluted earnings per share were $0.73 compared to $0.85 for the same period a year ago. Earnings from operations were $18,110,000 compared to $18,628,000 for the same period a year ago. Earnings before income taxes were $17,631,000 compared to $18,369,000 for the same period a year ago.