AstroNova (ALOT) Misses Q3 EPS by 7c

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AstroNova Reports Financial Results for the Third Quarter of Fiscal 2022

December 8, 2021 7:30 AM EST

Continued Recovery of Commercial Air Travel Drives 35% YoY Increase in Test & Measurement Revenue

Third-Quarter Fiscal 2022 Summary

Bookings of $32.3 million, up 16% year-over-year Revenue of $28.9 million, up 3% year-over-year Backlog of $26.8 million, up 16% year-over-year GAAP operating income of $0.3 million GAAP net loss of $0.4 million, or $0.06 per share, which includes costs associated with the write-off of the Companys legacy enterprise resource planning (ERP) system Non-GAAP net income of $0.1 million, or $0.01 per diluted share, excluding ERP write-off costs Adjusted EBITDA of $1.1 million excluding ERP write-off costs, or 3.8% of... More