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0.0271428571428572 0.0271428571428572 0.0271428571428572 -0.0204761904761905 -0.0204761904761905 -0.0838095238095237 -0.142857142857143 -0.152857142857143
Stock impact report

Astronics Corporation Reports 25% Growth in Sales in 2024 Third Quarter

Astronics Corporation (ATRO) 
Last astronics corporation earnings: 2/26 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.astronics.com
Company Research Source: Business Wire
Sales increased $40.8 million to $203.7 million, highest quarterly level since the first quarter of 2019Higher sales drove Aerospace operating income of $14.3 million, or 8.0%; Adjusted Aerospace operating income1 was $25.3 million, or 14.2% of salesNet loss for the quarter of $11.7 million, or $0.34 per diluted share, included impact of $7.0 million in refinancing costs; Adjusted net income1 was $12.2 million, or $0.35 per diluted shareAdjusted EBITDA1 grew 207% to $27.1 million, or 13.3% of sales, up $18.2 million over the prior-year period and up $6.8 million over trailing second quarterGenerated $8.5 million in cash from operations in the quarterBookings in the quarter were $189.2 million, driving backlog of $611.9 million with book to bill ratio of 0.93xRevised 2024 revenue guidance to a new range of $777 million to $797 million EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies a Show less Read more
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