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ATRO News and Press, Astronics Corporation From 08/16/23

Stock Information

Company Name: Astronics Corporation
Stock Symbol: ATRO
Market: NASDAQ
Website: astronics.com

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ATRO - Astronics Corporation: Still Not A High-Flier

2023-08-16 18:38:35 ET Summary Astronics Corporation has seen a significant increase in sales but has struggled to improve its bottom line. The company experienced stagnation before the pandemic, with a decline in sales and operating profits. Despite recent growth, Astronics s...

ATRO - Astronics Corporation Initiates $30.0 Million At-The-Market Program

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, today announced it has initiated an at-the-market (“ATM”) equity offering program for the sale from time to time of shares of the...

ATRO - Why Astronics Stock Is Down Today

2023-08-04 12:00:12 ET Aerospace interiors specialist Astronics (NASDAQ: ATRO) fell short of earnings expectations in the most recent quarter, and continues to deal with some supply chain issues. Investors were not impressed, sending Astronics shares down more than 15% on Friday. ...

ATRO - Astronics GAAP EPS of -$0.37 misses by $0.14, revenue of $174.5M beats by $2.08M

2023-08-03 16:49:52 ET Astronics press release ( NASDAQ: ATRO ): Q2 GAAP EPS of -$0.37 misses by $0.14 . Revenue of $174.5M (+35.1% Y/Y) beats by $2.08M . Consolidated adjusted EBITDA was $15.8 million, or 9.1% of consolidated sales, compared with an adjusted...

ATRO - Astronics Corporation Reports 2023 Second Quarter Financial Results

Sales for the quarter were $174.5 million, up 35% over prior year, and 11% sequentially Bookings totaled $207.1 million Record backlog of $611.1 million Aerospace segment sales increased 45% to $158.4 million; bookings were $188.8 million Income fro...

ATRO - Astronics gets purchase orders from 10 eVTOL aircraft makers

2023-08-01 10:14:00 ET Astronics ( NASDAQ: ATRO ) said Tuesday it accepted purchase orders to provide certain electrical power distribution, conversion, and vehicle charge control capabilities from ten eVTOL aircraft OEMs. These orders include Astronics' ( ATRO ) pro...

ATRO - Astronics Corporation Announces Growing Backlog of Electrical System Solutions for eVTOL Aircraft Manufacturers

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has accepted purchase orders to provide certain electrical power distribution, conversion, and vehicle charge control c...

ATRO - MVST and FREY among industrial movers

2023-07-18 13:27:40 ET Gainers: Wheels Up Experience ( UP ) +23% . American Superconductor Corporation ( AMSC ) +20% . Astronics Corporation ( ATRO ) +15% . Microvast Holdings ( MVST ) +10% . Losers: FREYR Battery ( FREY ) -8% ...

ATRO - Astronics sees Q2 revenue at higher end of prior guidance range, stock +7% after hours

2023-07-17 16:58:18 ET Astronics ( NASDAQ: ATRO ) on Monday said preliminary orders for Q2 were about $200M to $205M. The company also said it expects revenue for Q2 to be in the range of $170M to $175M, at the upper end of its previous guidance range of $165M to $17...

ATRO - Astronics Corporation Reports Preliminary Orders for Second Quarter 2023 of Approximately $200 million

Expects revenue for second quarter 2023 to be in range of $170 million to $175 million; at upper end of previous guidance Announces second quarter 2023 financial results conference call and webcast scheduled for aftermarket on Thursday, August 3, 2023 Astronics Corporati...

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