Astronics Corporation Reports 2019 First Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Astronics Corp (ATRO) Reports Q1 EPS of $2.35, Revenues Beat; Offers FY19 Revenue Outlook
May 8, 2019 6:46 AM EDTAstronics Corp (NASDAQ: ATRO) reported Q1 EPS of $2.35, versus $0.32 reported last year. Revenue for the quarter came in at $208.2 million versus the consensus estimate of $192.1 million.
Strong sales of $208.2 million, up 16.3% over 2018 first quarterImproved operating margin of 11.0% with income from operations of $22.9 millionFifth consecutive quarter of record Aerospace sales; up 14.5% to $188.5 millionAerospace segment operating profit improves to $25.8 million, or 13.7% of salesRecord Aerospace backlog of $329.2 millionStrong bookings of $205.0 millionSale of semiconductor test business yields $80.1 million pre-tax gainPeter J. Gundermann, President and Chief... More
