Astronics

Astronics Corp. engages in the provision of electrical power generation and distribution systems. It includes motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems. It operates through the Aerospace and Test Systems segments. The Aerospace segment designs and manufactures products for the global aerospace industry. The Test Systems segment designs, develops, manufactures and maintains communications and weapons test systems and training and simulation devices for military applications. The firm's products and solutions include Aircraft Data Systems, Aircraft Electrical Power Systems, Airfield Lighting, Custom Design & Manufacturing, Emergency Systems, Enhanced Vision Systems, IFC Antennas and Radome Systems, Inflight Entertainment System Hardware, Interiors & Structures, Lighting Systems, Seat Actuation Systems, Simulation & Training, Systems Certification, Test & Measurement and VIP IFEC & CMS Systems. The company was founded on December 5th, 1968 and is headquartered in East Aurora, NY.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Astronics reports robust Q4 performance, eyes margin improvement and growth

Astronics' strong Q4 performance and record backlog position the company well for 2023.
Despite margin pressures and program delays, opportunities in pricing strategy and program contributions offer growth potential.
Focus on improving margins through revenue growth and addressing supply chain challenges.
Maintaining revenue guidance and managing cash flow key priorities for sustainable growth.

Astronics reports record sales and backlog, eyes margin expansion

Astronics delivered strong Q1 2023 performance with robust sales growth and record backlog.
Despite challenges in working capital and cash flow, the company is focused on cost-cutting and revenue expansion.
Anticipated margin expansion and new business wins position Astronics for future growth and profitability.
Maintained revenue forecast and positive outlook signal resilience and strategic progress.

Astronics reports robust Q2 sales growth, tackles supply chain challenges

Astronics delivered strong sales growth driven by the Aerospace segment, offset by challenges in the Test segment. Despite a net loss, adjusted EBITDA showed significant improvement. The company maintains a healthy backlog and is focused on operational improvements and managing legal expenses to drive profitability.

Astronics anticipates strong Q4 rebound despite margin challenges

Astronics faces challenges in margins due to customer bankruptcy and operational issues but remains optimistic about a strong Q4 and year-end revenue growth. The company is focused on improving financial health and operational efficiency to capitalize on growth opportunities.

Astronics reports robust Q4 earnings, eyes growth amidst challenges

Astronics had a strong Q4 and expects continued growth in 2024 despite a slow start. The company is focused on enhancing margins, operational efficiency, and resolving disputes. Opportunities lie in significant procurement contracts, improving cash flow, and expanding product adoption among airlines.

Astronics excels in Q1 2024, eyes growth with U.S. Army contract

Astronics Corporation delivered robust Q1 2024 results, driven by strong sales performance and improved profitability. While facing challenges in the Test segment, the company is strategically restructuring to enhance efficiency. With a focus on operational enhancements and lucrative contracts like the U.S. Army radio test program, Astronics is poised for sustained growth and aims to rebound to pre-pandemic revenue levels in the latter half of the year.

Astronics exceeds Q2 sales targets, strengthens financial position for growth

Astronics' Q2 performance showcased resilience and growth, driven by strong Aerospace segment results and operational improvements.
While facing challenges in the Test segment, strategic refinancing and operational enhancements position the company for future success.
With a focus on revenue growth, cost efficiency, and strategic planning, Astronics aims to capitalize on market opportunities and drive shareholder value.

Astronics reports robust Q3 performance amidst legal challenges and growth opportunities

Astronics Corporation's Q3 performance showcased resilience and operational strength amidst challenges, with a focus on supply chain improvements and workforce efficiency.
The company's strategic strengths in managing legal expenses, warranty reserves, and maintaining cash flow position it well for future growth opportunities.
Analyst inquiries and management's confidence underscore the company's ability to navigate challenges and capitalize on growth prospects in the aerospace industry.

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EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports Preliminary Orders for Second Quarter 2023 of Approximately $200 million.

Astronics Corporation Reports Preliminary Orders for Second Quarter 2023 of Approximately $200 million

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Astronics Corporation (ATRO) Is a Trending Stock: Facts to Know Before Betting on It

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Astronics Corporation (ATRO) is Attracting Investor Attention: Here is What You Should Know

Astronics' (ATRO) innovative product line and initiatives to meet aerospace carbon neutrality will have a positive impact on the company's performance.

Astronics' (ATRO) EmPower UltraLite G2 Gains Traction, Shares Up

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Selected by Airbus to Supply Passenger Service Units for A220 Program.

Astronics Corporation Selected by Airbus to Supply Passenger Service Units for A220 Program

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) EmPower® UltraLite G2 Power System for Passenger In-Seat Power on Commercial Aircraft Revolutionizes Cabin Power.

Astronics EmPower® UltraLite G2 Power System for Passenger In-Seat Power on Commercial Aircraft Revolutionizes Cabin Power

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Astronics Corporation Announces Filing of Universal Shelf Registration Statement.

Astronics Corporation Announces Filing of Universal Shelf Registration Statement

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Fireside Chat at the Wells Fargo Industrials Conference.

Astronics Corporation to Webcast Fireside Chat at the Wells Fargo Industrials Conference

Investors Heavily Search Astronics Corporation (ATRO): Here is What You Need to Know

Here is What to Know Beyond Why Astronics Corporation (ATRO) is a Trending Stock

Astronics Corporation (NASDAQ:ATRO ) Q1 2023 Results Conference Call May 9, 2023 4:45 PM ET Company Participants Debbie Pawlowski - Chairman, CEO and Founder Peter Gundermann - Chairman, CEO & President David Burney - Executive VP of Finance, CFO & Treasurer Conference Call Participants Jon Tanwanteng - CJS Securities Pete Oberland - Truist Securities Scott Lewis - Lewis Capital Management Operator Good afternoon, and welcome to the Astronics Corporation First Quarter Fiscal Year 2023 Conference Call. [Operator Instructions] Please note, this event is being recorded.

Astronics Corporation (ATRO) Q1 2023 Earnings Call Transcript

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 2023 First Quarter Financial Results.

CORRECTING and REPLACING Astronics Corporation Reports 2023 First Quarter Financial Results

Astronics Corporation Reports 2023 First Quarter Financial Results

Astronics' (ATRO) first-quarter results are likely to reflect a strong performance across its segments, aided by impressive program wins.

Will Segmental Performance Aid Astronics' (ATRO) Q1 Earnings?

Here is how Astronics Corporation (ATRO) and VirTra, Inc. (VTSI) have performed compared to their sector so far this year.

Is Astronics (ATRO) Outperforming Other Aerospace Stocks This Year?

Astronics Corporation (ATRO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Astronics Corporation (ATRO) Is Attractively Priced Despite Fast-paced Momentum

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces First Quarter 2023 Financial Results Conference Call and Webcast.

Astronics Corporation Announces First Quarter 2023 Financial Results Conference Call and Webcast

Is Trending Stock Astronics Corporation (ATRO) a Buy Now?

Here is how Astronics Corporation (ATRO) and Embraer (ERJ) have performed compared to their sector so far this year.

Has Astronics (ATRO) Outpaced Other Aerospace Stocks This Year?

Is Most-Watched Stock Astronics Corporation (ATRO) Worth Betting on Now?

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Awarded $40 million IDIQ Contract to Support U.S.

Astronics Corporation Awarded $40 million IDIQ Contract to Support U.S. Marine Corps Handheld Radio Test Sets Program

Astronics Corporation Announces Reliability Testing Solution for Defense Microelectronics

Astronics Corporation (NASDAQ:ATRO ) Q4 2022 Earnings Conference Call March 2, 2023 4:45 PM ET Company Participants Craig Mychajluk – Investor Relations Pete Gundermann – Chairman, President and Chief Executive Officer Dave Burney – Chief Financial Officer Conference Call Participants Jon Tanwanteng – CJS Securities Michael Ciarmoli – Truist Securities Operator Greetings. Welcome to the Astronics Corporation Fourth Quarter Fiscal Year 2022 Financial Results.

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