Astronics Corp (ATRO) Misses Q1 EPS by 18c

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Astronics Corporation Reports 2022 First Quarter Financial Results

May 6, 2022 7:00 AM EDT

Sales for the quarter were $116.2 million, up 10% over prior-year period Pretax income was $5.0 million, up from a loss of $11.8 million in the prior-year period Bookings totaled $175.6 million, up 46% over prior-year period; Achieved book-to-bill ratio of 1.51 Backlog increased 14% from year end 2021 to a record $475.1 million; Aerospace backlog reached a record $394.0 million

EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq: ATRO) (Astronics or the Company), a leading supplier of advanced technologies and products to the global aerospace, defense and other... More