AstroNova Announces Financial Results for the Second Quarter of Fiscal 2020

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AstroNova (ALOT) Misses Q2 EPS by 7c, Revenues Miss

August 28, 2019 7:34 AM EDT

AstroNova (NASDAQ: ALOT) reported Q2 EPS of $0.13, $0.07 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $33.5 million versus the consensus estimate of $36.19 million.

Second-Quarter Fiscal 2020 Summary

Bookings of $29.1 millionRevenue of $33.5 millionOperating income of $1.2 millionEarnings per diluted share of $0.13

CEO Commentary

While we continued to make good progress on our long-term strategic objectives, our second-quarter results reflect a confluence of what we anticipate are short-term headwinds... More