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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...
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...
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...
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...
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...
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...
Award validates Astronics' PSU capabilities for Airbus Commercial Aircraft Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has been selected by Airbus to s...
Global leader in passenger power for commercial airlines has received commitments to install system on over 1,100 aircraft worldwide 30% to 40% lighter weight solution supports efforts to reduce carbon emissions Astronics Corporation (Nasdaq: ATRO), a leading provider of a...
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The f...
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced that Peter J. Gundermann, Chairman, President and Chief Executive Officer, and David C. Burney, Executive Vice President and Chief Fi...
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Global leader in passenger power for commercial airlines has delivered 350 shipsets of the UltraLite G2 USB system with 300 more shipsets scheduled for 2024 USB Type C system weighs 30% to 40% less supporting airline efforts to reduce carbon emissions Astronics Corporation ...
Astronics Dual-Modem Modem Manager (ModMan) Ushers in the Next Chapter of Inflight Entertainment and Connectivity by Enabling Airline Flexibility and Control Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defen...
Sales grew 18% to $185.1 million in the quarter Operating income was $1.7 million in the quarter, or 0.9% of sales Net loss for the quarter was $3.2 million, or $0.09 per diluted share Adjusted EBITDA 1 was $19.1 million, or 10.3% of sales, an incre...