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home / news releases / astronics q1 review stock is a strong buy

ATRO - Astronics Q1 Review: Stock Is A Strong Buy

Astronics Corporation

2024-05-14 18:11:48 ET

Summary

  • Astronics Corporation sales grew by 18.2% in Q1, exceeding guidance, with strong growth in aerospace sales.
  • Gross margins increased from 17.6% to 18.5% due to volume and price increases.
  • Astronics has strong near-term demand, a front-loaded backlog, and opportunities for growth in the aerospace segment.

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For further details see:

Astronics Q1 Review: Stock Is A Strong Buy
Stock Information
Company Name: Astronics Corporation
Stock Symbol: ATRO
Market: NASDAQ
Website: astronics.com
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