Astronics Corp (ATRO) Misses Q2 EPS by 46c, Revenue Beats
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Astronics Corporation Reports 2020 Second Quarter Financial Results
July 31, 2020 6:30 AM EDTSales for the quarter were $123.7Â million with bookings of $61.5Â million Net loss was $(23.6)Â million, after goodwill impairment charges of $12.6Â million Adjusted EBITDA* was $9.2Â million, or 7.4% of sales Cash from operations was $18.3 million for the quarter, $41.5 million year-to-date
*Adjusted EBITDA is a Non-GAAP Performance Measure. Please see the attached table for a reconciliation of adjusted EBITDA to GAAP net income.
EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics... More
