Astronics Corp (ATRO) Tops Q1 EPS by 5c

Astronics Corporation Reports 2017 First Quarter Financial Results

May 4, 2017 6:30 AM EDT

EAST AURORA, N.Y.--(BUSINESS WIRE)--

Astronics Corporation (NASDAQ: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and semiconductor industries, today reported financial results for the three months ended April 1, 2017. Earnings per share for prior periods are adjusted for the 3 for 20 (15%) distribution of Class B Stock for shareholders of record on October 11, 2016.

  Three Months Ended

April 1, 2017

 

April 2, 2016

 

% Change

  Sales $ 152,396 $ 159,530 (4.5 )% Gross profit $ 38,317 $ 39,483 (3.0 )% Gross margin 25.1 % 24.7... More