Astronics Corp (ATRO) Misses Q1 EPS by 26c

Astronics Corporation Reports 2018 First Quarter Financial Results

May 9, 2018 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 March 31, 2018. Results include the acquisition of Custom Control Concepts (CCC) on April 3, 2017 and Telefonix PDT on December 1, 2017 (collectively, the "Acquired Businesses").

    Three Months Ended

March 31, 2018

 

April 1, 2017

 

% Change

  Sales $ 179,059 $ 152,396 17.5 % Gross profit $ 37,132 $ 38,317 (3.1 )% Gross margin 20.7 % 25.1 %... More