Astronics Corp (ATRO) Misses Q3 EPS by 7c
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Astronics Corporation Reports 2021 Third Quarter Financial Results
November 8, 2021 6:55 AM ESTSales for the quarter were $111.8 million, up 5% over prior-year period Net loss of $7.2 million continues sequential improvement through 2021 Adjusted EBITDA* was $2.8 million; measurably improved over prior-year period loss and trailing second quarter Bookings up 88% over prior-year period and up 22% over trailing second quarter to $153.5 million; Achieved book-to-bill ratio of 1.37 Aerospace segment book-to-bill was 1.49 for the quarter Backlog increased 13% sequentially to $354.4 millionÂ
*Adjusted EBITDA is a Non-GAAP Performance Measure. Please see the attached table for a... More
