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.

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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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Astronics Corporation (ATRO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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.

Astronics Corporation (ATRO) Q4 2022 Earnings Call Transcript

Astronics Corporation Reports 2022 Fourth Quarter and Full Year Financial Results

Astronics Corporation Appoints Linda O'Brien to Its Board of Directors

Astronics Corporation Announces Fourth Quarter 2022 Financial Results Conference Call and Webcast

Provides additional capital to support increasing demand WESTPORT, Conn. , Feb. 14, 2023 /PRNewswire/ -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the January 19, 2023, closing of a $90 million senior secured term loan facility with Astronics Corporation ("Astronics"), an aerospace electronics corporation that provides advanced technologies to the world's aerospace, defense, and other mission critical industries.

Great Rock Capital Agents $90 Million Term Loan with Astronics Corporation

EAST AURORA, N.Y.--( BUSINESS WIRE )--Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, today announced preliminary revenue and orders and announced the completion of the refinancing of its debt.

Astronics Corporation Announces Preliminary Sales for Fourth Quarter 2022 of $155 Million to $160 Million; Completes $205 Million Debt Refinancing

Astronics Corporation's most prominent business segments include the area of ​​energy and mobility, connectivity and data, lighting and security, test solutions, interiors, and structural services. I believe that investors will likely appreciate that Astronics Corporation management is really working to diversify its activities.

Astronics: Beneficial Guidance As Aeronautical Demand Picks Up

Astronics Corporation (NASDAQ:ATRO ) Q3 2022 Earnings Conference Call November 15, 2022 4:45 PM ET Company Participants Deborah Pawlowski - Kei Advisors LLC Peter Gundermann - Chairman, President and Chief Executive Officer David Burney - Executive Vice President and Chief Financial Officer Conference Call Participants Jonathan Tanwanteng - CJS Securities Michael Ciarmoli - Truist Operator Greetings. Welcome to the Astronics Corporation Third Quarter Fiscal Year 2022 Financial Results Conference Call.

Astronics Corporation (ATRO) Q3 2022 Earnings Call Transcript

Astronics Corporation (ATRO) delivered earnings and revenue surprises of -15% and 0.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Astronics Corporation (ATRO) Reports Q3 Loss, Tops Revenue Estimates

EAST AURORA, N.Y.--( BUSINESS WIRE )--Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense and other mission critical industries, today reported financial results for the three and nine months ended October 1, 2022.

Astronics Corporation Reports Third Quarter 2022 Financial Results

Astronics Corporation Announces Third Quarter 2022 Preliminary Revenue and Orders

Astronics continues to trade near its low as execution has not been that great. The company has seen a modest recovery in sales, yet continues to lose money in the meantime.

Astronics: Flying Low

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Selected by U.S. Army for Radio Test Set Program

Astronics Selected by U.S. Army for Radio Test Set Program

Astronics Corporation (NASDAQ:ATRO ) Q2 2022 Results Conference Call August 10, 2022 11:00 AM ET Company Participants Craig Mychajluk - IR Peter Gundermann - Chairman, President and CEO Dave Burney - CFO Conference Call Participants Jon Tanwanteng - CJS Securities Michael Ciarmoli - Truist Securities Operator Greetings and welcome to Astronics Second Quarter 2022 Financial Results Call. At this time, all participants are on the listen-only mode.

Astronics Corporation (ATRO) CEO Peter Gundermann on Q2 2022 Results - Earnings Call Transcript

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense and other mission critical industries, today reported financial results for the three and six months ended July 2, 2022. Peter J. Gundermann, Chairman, President and Chief Executive Officer, commented, “Our second quarter sales of $129 million were our highest since the pandemic took hold in the first q

Astronics Corporation Reports Second Quarter 2022 Financial Results

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Second Quarter 2022 Financial Results Conference Call and Webcast

Astronics Corporation Announces Second Quarter 2022 Financial Results Conference Call and Webcast

Astronics Corporation (ATRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Astronics Corporation (ATRO) Report Negative Q2 Earnings? What You Should Know

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics (Nasdaq: ATRO) Selected for Lilium Jet's Electrical Power Distribution System

Astronics Selected for Lilium Jet's Electrical Power Distribution System

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics (Nasdaq: ATRO) Awarded Contract by Southwest Airlines to Provide Latest Generation of In-Seat Power

Astronics Awarded Contract by Southwest Airlines to Provide Latest Generation of In-Seat Power

Astronics Corporation (NASDAQ:ATRO ) Q1 2022 Earnings Conference Call May 6, 2022 11:00 AM ET Company Participants Peter Gundermann - Chairman, President and CEO Deborah Pawlowski - Kei Advisors LLC, IR David Burney - EVP and CFO Conference Call Participants Pete Osterland - Truist Jonathan Tanwanteng - CJ Securities Operator Greetings and welcome to the Astronics Corporation First Quarter Fiscal Year 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

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