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Stock impact report

Astronics Corporation Reports 25% Growth in Sales in 2024 Third Quarter [Yahoo! Finance]

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: Yahoo! Finance
Higher sales drove Aerospace operating income of $14.3 million, or 8.0%; Adjusted Aerospace operating income was $25.3 million, or 14.2% of sales Net 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 income was $12.2 million, or $0.35 per diluted share Adjusted EBITDA 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 quarter Generated $8.5 million in cash from operations in the quarter Bookings in the quarter were $189.2 million, driving backlog of $611.9 million with book to bill ratio of 0.93x Revised 2024 revenue guidance to a new range of $777 million to $797 million EAST AURORA, N.Y., November 06, 2024 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 indu Show less Read more
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