Astronics Corp (ATRO) Tops Q2 EPS by 9c, Revenues Beat; Offers FY18 Revenue Outlook

Astronics Corporation Reports 2018 Second Quarter Financial Results

August 3, 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 and six months ended June 30, 2018. Results for the quarter and the first six months of 2018 include the results of Telefonix PDT, which was acquired on December 1, 2017 and Custom Control Concepts (CCC), which was acquired on April 3, 2017.

      Three Months Ended     Six Months Ended

June 30, 2018

   

July 1, 2017

   

% Change

June 30, 2018

   

July 1, 2017

   

% Change

  Sales $ 208,606 $ 151,114 38.0 % $ 387,665 $ 303,510 27.7 % Gross profit $ 49,572 $ 34,150 45.2 % $ 86,704 $ 72,467... More