Astronics Corp (ATRO) Misses Q1 EPS by 29c, Revenues Beat; Offers 2Q Revenues Guidance Below Consensus

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Go back to Astronics Corp (ATRO) Misses Q1 EPS by 29c, Revenues Beat; Offers 2Q Revenues Guidance Below Consensus

Astronics Corporation Reports 2021 First Quarter Financial Results

May 6, 2021 6:30 AM EDT

Sales for the quarter were $105.9 million, slightly better than guidance Net loss was $11.9 million Adjusted EBITDA* loss was $0.5 million Bookings for the quarter continued sequential improvement to $120.0 million Backlog at the end of the quarter was $297.5 million 

*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 Corporation (Nasdaq: ATRO) (Astronics... More