AstroNova Announces Financial Results for the First Quarter of Fiscal 2021
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/3/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
- Analysis-Excommunications show a Pope Leo unafraid of making firm decisions
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Canaccord Starts Infleqtion, Inc (INFQ) at Buy
- Jersey Mike's Subs files for IPO on NYSE under ticker JMKE
- AXT-Tongmei signs 3-year wafer supply deal with Coherent
AstroNova (ALOT) Tops Q1 EPS by 25c, Revenues Beat
June 11, 2020 7:31 AM EDTAstroNova (NASDAQ: ALOT) reported Q1 EPS of $0.06, $0.25 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $30.9 million versus the consensus estimate of $29.75 million.
CEO Commentary
Our performance improved from the fourth quarter of fiscal 2020 due to actions taken that reduced costs and realigned priorities. However, the broad economic disruption caused by the COVID-19 pandemic added additional constraints and weighed on our first-quarter financial performance, said Greg Woods, AstroNovas President and Chief Executive Officer. The pandemic impact has been particularly acute in the Aerospace portion of our Test & Measurement segment.... More
