AstroNova (ALOT) Misses Q3 EPS by 7c

AstroNova (NASDAQ: ALOT) reported Q3 EPS of ($0.01), $0.07 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $28.9 million versus the consensus estimate of $30.74 million.

Business Outlook:

“Third-quarter bookings increased 16% to $32.3 million, highlighting strong demand trends heading into the final quarter of the year,” Woods continued. “Based on these trends and our expanding backlog, we believe we are well positioned for sequential and year-over-year growth in the fourth quarter of fiscal 2022.”

For earnings history and earnings-related data on AstroNova (ALOT) click here.

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