ATRO - Astronics rises 13% after company reports preliminary Q4 sales above estimates
- Astronics ( NASDAQ: ATRO ) said preliminary revenue fourth quarter sales are expected to be in the range of $155M to $160M vs. analysts estimate of $144.11M.
- Preliminary bookings in the fourth quarter are expected be in the range of $175M to $180M.
- "We expect the sales ramp to endure as we move into 2023, consistent with our earlier revenue guidance for the year of $640 million to $680 million,” said Peter Gundermann, CEO of Astronics.
- ( ATRO ) rose 13% after the bell.
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Astronics rises 13% after company reports preliminary Q4 sales above estimates