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

Earnings data Q2 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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) delivered earnings and revenue surprises of -52.94% and -3.42%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Astronics Corporation (ATRO) Reports Q2 Loss, Lags Revenue Estimates

Astronics Corp (NASDAQ: ATRO) reported a second-quarter sales decline of 10.1% year-over-year to $111.16 million, missing the consensus of $114.52 million. Loss from operation reduced to $(5.92) million from $(18.68) million a year ago.

Astronics Stock Falls On Missing Q2 Estimates, Weak Margins

Shares of Astronics (NASDAQ:ATRO) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 27.78% year over year to ($0.26), which missed the estimate of ($0.16).

Recap: Astronics Q2 Earnings

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 2021 Second Quarter Financial Results

Astronics Corporation Reports 2021 Second Quarter Financial Results

On Friday, August 06, Astronics (NASDAQ:ATRO) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings Outlook For Astronics

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics (Nasdaq: ATRO) and 3Oe Scientific's Iggy™ Device Wins America by Design: People's Choice Award

Astronics and 3Oe Scientific's Iggy™ Device Wins America by Design: People's Choice Award

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Present at Canaccord Genuity 41st Annual Growth Conference

Astronics Corporation to Present at Canaccord Genuity 41st Annual Growth Conference

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.

Astronics Corporation (ATRO) May Report Negative Earnings: Know the Trend Ahead of Q2 Release

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Second Quarter 2021 Financial Results Conference Call and Webcast

Astronics Corporation Announces Second Quarter 2021 Financial Results Conference Call and Webcast

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Astronics is a small-cap aerospace supplier with exposure in most major aerospace programs - both commercial and defense.

Astronics - An Aerospace Recovery Trade

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics (Nasdaq: ATRO) Awarded Exclusive Contract to Manufacture 3Oe Scientific Iggy™ Hand Rinsing Device

Astronics Awarded Exclusive Contract to Manufacture 3Oe Scientific Iggy™ Hand Rinsing Device

Astronics Corporation (ATRO) CEO Peter Gundermann on Q1 2021 Results - Earnings Call Transcript

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 2021 First Quarter Financial Results

Astronics Corporation Reports 2021 First Quarter Financial Results

Analysts Estimate Astronics Corporation (ATRO) to Report a Decline in Earnings: What to Look Out for

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EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces First Quarter 2021 Financial Results Conference Call and Webcast

Astronics Corporation Announces First Quarter 2021 Financial Results Conference Call and Webcast

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Establishes Muirhead Avionics, a division of AMETEK®MRO, as Approved Calibration Service Center for Europe, U.K. and Middle East

Astronics Establishes Muirhead Avionics, a division of AMETEK®MRO, as Approved Calibration Service Center for Europe, U.K. and Middle East

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Selected to Manufacture components for the Raytheon Missiles & Defense Light Weight Command Launch Unit (CLU) for the Javelin Program

Astronics Selected to Manufacture Components for the Raytheon Missiles & Defense Light Weight Command Launch Unit (CLU) for the Javelin Program

Astronics Corporation (ATRO) CEO Peter Gundermann on Q4 2020 Results - Earnings Call Transcript

Shares of Astronics (NASDAQ:ATRO) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share were up 40.91% over the past year to ($0.65), which may not compare to the estimate of ($0.11).

Recap: Astronics Q4 Earnings

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 2020 Fourth Quarter and Full Year Financial Results

Astronics Corporation Reports 2020 Fourth Quarter and Full Year Financial Results

Astronics (NASDAQ:ATRO) releases its next round of earnings this Tuesday, February 23. Here is Benzinga's essential guide to Astronics's Q4 earnings report.

Earnings Preview: Astronics

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics (Nasdaq: ATRO) Awarded Contracts to Support Boeing's MQ-25 Unmanned Tanker for the U.S. Navy

Astronics Awarded Contracts to Support Boeing's MQ-25 Unmanned Tanker for the U.S. Navy

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Fourth Quarter and Full Year 2020 Financial Results Conference Call and Webcast

News for Astronics Stock (ATRO)