Astronics Corporation Reports 2020 Fourth Quarter and Full Year Financial Results
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Astronics Corp (ATRO) Misses Q4 EPS by 54c, Revenues Beat
February 23, 2021 6:32 AM ESTAstronics Corp (NASDAQ: ATRO) reported Q4 EPS of ($0.65), $0.54 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $114.8 million versus the consensus estimate of $113.21 million.
Fourth quarter sales of $114.8 million; full year sales of $502.6 millionFourth quarter pre-tax loss of $7.5 million and net loss of $20.0 million due to the non-cash reserve of $14.1 million against deferred tax assetsFourth quarter Adjusted EBITDA* was $2.9 millionFourth quarter bookings were $116.0 million, demonstrating sequential improvementBacklog at end of the year was $283.4 millionPeter J. Gundermann, President... More
