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ATRO News and Press, Astronics Corporation From 11/20/20

Stock Information

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

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ATRO - Astronics and DPW among industrial gainers; Euroseas leads the losers

Gainers: Astronics (ATRO) +20%. Polar Power (POLA) +15%. Fuel Tech (FTEK) +15%. DPW Holdings (DPW) +14%. Broadwind (BWEN) +14%.Losers: Euroseas (ESEA) -17%. BioHiTech Global (BHTG) -10%. Atlas Technical Consultants (ATCX) -8%. DXP Enterprises (DXPE) -7%. Asia Pacific Wire &...

ATRO - Skies clear for Boeing suppliers as FAA lifts MAX ban

Suppliers are joining the Boeing rally this morning, with shares of the planemaker up 6.5% in premarket trade, after the FAA lifted the U.S. grounding of the 737 MAX.On the move: Triumph Group (TGI) +9.1%, Spirit AeroSystems (SPR) +6.6%, Astronics Luminescent Systems ([[ATRO]] +5.5%), Howmet ...

ATRO - Upbeat vaccine news lifts aviation and travel sector

Aerospace names are taking to the skies after Pfizer/BioNTech reported a 90% effective rate for its COVID-19 vaccine this morning.Commercial aviation has been battered by the coronavirus pandemic, but investors finally see a future where that may not be the reality.On the move: Airbus ([[EADS...

ATRO - Canaccord says defense picks set to benefit, with what we know about election results

The race for U.S. president may yet hang in the balance - but with Congress mostly settled, Canaccord Genuity aerospace/defense analysts have clear takeaways from the U.S. election for their covered stocks. And with the Democrats retaining the House (and "it looks like the Republicans will re...

ATRO - Astronics Corporation (ATRO) CEO Peter Gundermann on Q3 2020 Results - Earnings Call Transcript

Astronics Corporation (ATRO) Q3 2020 Earnings Conference Call October 30, 2020 11:00 ET Company Participants Deborah Pawlowski - Investor Relations Peter Gundermann - Chairman, President & Chief Executive Officer David Burney - Chief Financial Officer Conference Call Participants Jon Tanw...

ATRO - Astronics slips 8% post Q3 results

Astronics ([[ATRO]] -8.5%) reported revenue decline of ~40% Y/Y to $106.5M, and reported gross margin of 14.3% down by 655 bps.Reported operating loss of $8.99M for the quarter, compared to profit of $5.1M a year ago.Aerospace segment sales decreased 47.7% Y/Y, to $82.5M, negatively...

ATRO - Astronics EPS beats by $0.07, misses on revenue

Astronics (ATRO): Q3 GAAP EPS of -$0.17 beats by $0.07.Revenue of $106.5M (-39.8% Y/Y) misses by $3.08M.Shares +8.4% PM.Press Release For further details see: Astronics EPS beats by $0.07, misses on revenue

ATRO - Astronics Corporation Reports 2020 Third Quarter Financial Results

Sales for the quarter were $106.5 million with bookings of $81.6 million Net loss was $(5.3) million Adjusted EBITDA * was near breakeven at $(0.1) million Cash from operations was $31.5 million year-to-date *Adjusted...

ATRO - Xenex Awards Exclusive Contract to Astronics for Manufacturing Support of LightStrike Disinfecting Robots

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, and Xenex® Disinfection Services Inc. (“Xenex”), the world leader in UV disinfection for healthcare facilitie...

ATRO - Astronics' subsidiary nabs contract by Stadler Rail US

Astronics' ([[ATRO]] -0.5%) wholly owned subsidiary Astronics Test Systems received an ~$30M contract to develop and supply consolidated test systems to railway rolling stock manufacturer Stadler USStadler US is a wholly owned subsidiary of Stadler Rail AG , an international designer and...

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