Astronics Corp (ATRO) Provides Surprising 2016 Revenue Guidance Following In-Line 3Q; Canaccord Genuity Reiterates Buy

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Astronics Corporation Reports Record Third Quarter Results

November 10, 2015 6:54 AM EST

Achieved record quarterly sales of $200.1 million and record quarterly net income of $24.7 million Record diluted earnings per share was $0.94 for the quarter 2015 sales guidance tightened to $690 million to $705 million Initial 2016 sales guidance established at $690 million to $750 million

EAST AURORA, N.Y., Nov. 10, 2015 (GLOBE NEWSWIRE) -- Astronics Corporation (NASDAQ: ATRO), a leading supplier of products to the global aerospace, defense, and semiconductor industries, today reported financial results for the third quarter and nine months ended October 3, 2015. Earnings per... More