Astronics Corp (ATRO) Reports Q1 EPS of $2.35, Revenues Beat; Offers FY19 Revenue Outlook

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Go back to Astronics Corp (ATRO) Reports Q1 EPS of $2.35, Revenues Beat; Offers FY19 Revenue Outlook

Astronics Corporation Reports 2019 First Quarter Financial Results

May 8, 2019 6:30 AM EDT

Strong sales of $208.2 million, up 16.3% over 2018 first quarter Improved operating margin of 11.0% with income from operations of $22.9 million Fifth consecutive quarter of record Aerospace sales; up 14.5% to $188.5 million Aerospace segment operating profit improves to $25.8 million, or 13.7% of sales Record Aerospace backlog of $329.2 million Strong bookings of $205.0 million Sale of semiconductor test business yields $80.1 million pre-tax gain

EAST AURORA, N.Y.--(BUSINESS... More