AstroNova Announces Financial Results for the Second Quarter of Fiscal 2021

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Go back to AstroNova Announces Financial Results for the Second Quarter of Fiscal 2021

AstroNova (ALOT) Tops Q2 EPS by 6c, Revenues Miss

September 9, 2020 7:31 AM EDT

AstroNova (NASDAQ: ALOT) reported Q2 EPS of $0.00, $0.06 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $27.7 million versus the consensus estimate of $27.92 million.

Second-Quarter Fiscal 2021 Summary

Bookings of $25.3 millionBacklog of $23.7 millionRevenue of $27.7 millionOperating income breakevenNet income of $0.0 million, or $0.00 per diluted shareEBITDA of $2.3 million, or 8.4% of revenue

CEO Commentary

After a slow start to the quarter, we were pleased to see that our largest segment, Product Identification, representing nearly 80% of AstroNova revenue, made good progress adapting to the new normal by... More