Astronics Corp (ATRO) Misses Q2 EPS by 10c

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Go back to Astronics Corp (ATRO) Misses Q2 EPS by 10c

Astronics Corporation Reports 2021 Second Quarter Financial Results

August 6, 2021 6:30 AM EDT

Sales for the quarter were $111.2 million Net loss was $8.1 million Adjusted EBITDA* was $0.4 million Bookings for the quarter continued sequential improvement to $126.3 million; Achieved book-to-bill ratio of 1.14 Aerospace segment book-to-bill of 1.32 for the quarter Backlog increased 5% sequentially to $312.7 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:... More