LOS ANGELES--(BUSINESS WIRE)--Mar. 31, 2015--
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today
announced that it needs to further postpone its 2014 fourth quarter and
year-end earnings announcement and conference call, currently scheduled
for today, Tuesday March 31, 2015.
On March 16, 2015, the Company filed a Form 12b-25 with the Securities
and Exchange Commission to explain that Ducommun would be unable to file
its Form 10-K for the fiscal year ended December 31, 2014 within the
prescribed timeframe because additional time was required to complete
its 2014 financial statements. At that time, the Company expected to be
able to file its Form 10-K by March 31, 2015 (the fifteenth calendar day
following the prescribed due date), but that is no longer possible as
the Company requires further time to complete its financial statements.
As previously reported, the Company discovered certain errors in the
reported financial results for certain prior periods. Ducommun
anticipates that the correction of these errors generally will result in
an increase in the Company’s net income for such periods. The Company’s
assessment of these matters is ongoing and subject to additional review.
Ducommun expects to announce its 2014 fourth quarter and year-end
results as soon as practical and will issue a conference call advisory
announcing the timing for the earnings release and conference call upon
the finalization of the financial statements and audit completion.
About Ducommun Incorporated
Founded in 1849, Ducommun Incorporated provides engineering and
manufacturing services to the aerospace, defense, and other industries
through a wide spectrum of electronic and structural applications. The
company is an established supplier of critical components and assemblies
for commercial aircraft and military and space vehicles as well as for
the energy market, medical field, and industrial automation. It operates
through two primary business units – Ducommun AeroStructures (DAS) and
Ducommun LaBarge Technologies (DLT). Additional information can be found
at www.ducommun.com.
Source: Ducommun Incorporated
Ducommun Incorporated
Joseph P. Bellino
Vice President and
Chief Financial Officer
(310) 513-7211
or
Chris Witty
Investor
Relations
(646) 438-9385
cwitty@darrowir.com
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