Astronics Reports Strong Q1 Earnings with Record Bookings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Source: Yahoo Finance
- Significant Revenue Growth: Astronics reported Q1 revenues of $230.6 million, marking a 12% year-over-year increase that exceeded analysts' expectations by 1.2%, showcasing the company's strong performance and sustained demand in the aerospace market.
- High Adjusted EBITDA: The company achieved an adjusted EBITDA margin of 16.4%, driven by improved operational execution and higher volumes, indicating effective strategies in cost control and profitability.
- Record Bookings and Backlog: Astronics' record bookings and backlog highlight robust market demand, particularly in aerospace and testing sectors, with expectations for a noticeable uptick in activity levels in the coming quarters, further solidifying its market position.
- Stock Price Recovery: Since the earnings report, Astronics' stock has risen by 6.8%, currently trading at $83.61, reflecting investor confidence in the company's growth potential moving forward.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ATRO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ATRO
Wall Street analysts forecast ATRO stock price to fall
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 94.800
Low
65.00
Averages
70.00
High
75.00
Current: 94.800
Low
65.00
Averages
70.00
High
75.00
About ATRO
Astronics Corporation is a provider of advanced technologies to the global aerospace, defense, and electronics industries. The Company’s products and services include advanced electrical power generation, distribution and seat motion systems, lighting and safety systems, avionics products, systems and certification, aircraft structures and automated test systems. The Company’s segments include Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace and defense industry. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries as well as training and simulation devices for both commercial and military applications. It also offers FAA Organization Designation Authorization (ODA) services. Its products and solutions also include emergency systems, lighting systems, and seat actuation systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
BMO and Other Financial Giants Reach New Stock Highs
- Market Rebound Signal: On Friday, BMO, Astronics, DaVita, and Intercorp Financial all reached new stock highs, indicating signs of market stabilization and recovery after recent volatility, which may attract more investor interest.
- BMO's Strong Performance: As one of Canada's largest banks, BMO's stock increase reflects its robust financial performance and market confidence, potentially further boosting its market share in the financial services sector.
- Astronics Growth Momentum: The new high in Astronics' stock price indicates sustained demand in the aerospace electronics and power systems sectors, enhancing the company's competitiveness in the recovering aviation industry.
- DaVita and Intercorp's Market Performance: The stock price increases for DaVita and Intercorp Financial demonstrate a strong recovery in the healthcare and financial services industries, potentially providing new investment opportunities for investors.
See More
Astronics Reports Strong Q1 Earnings with Record Bookings
- Significant Revenue Growth: Astronics reported Q1 revenues of $230.6 million, marking a 12% year-over-year increase that exceeded analysts' expectations by 1.2%, showcasing the company's strong performance and sustained demand in the aerospace market.
- High Adjusted EBITDA: The company achieved an adjusted EBITDA margin of 16.4%, driven by improved operational execution and higher volumes, indicating effective strategies in cost control and profitability.
- Record Bookings and Backlog: Astronics' record bookings and backlog highlight robust market demand, particularly in aerospace and testing sectors, with expectations for a noticeable uptick in activity levels in the coming quarters, further solidifying its market position.
- Stock Price Recovery: Since the earnings report, Astronics' stock has risen by 6.8%, currently trading at $83.61, reflecting investor confidence in the company's growth potential moving forward.
See More
Astronics Announces 20% Stock Distribution Plan
- Stock Distribution Plan: Astronics Corporation announced a 20% stock distribution of Class B Stock to both Common and Class B shareholders, providing one Class B share for every five shares held, with distribution expected around June 29, 2026, aimed at enhancing long-term shareholder interest.
- Historical Distribution Tradition: Since the initial distribution of Class B Stock in 1987, Astronics has conducted 15 distributions, furthering the company's commitment to rewarding shareholders and emphasizing its focus on shareholder value.
- Voting Rights Differentiation: Class B Stock carries ten votes per share compared to one vote for Common Stock, and while both have equivalent economic value, Class B shares are non-tradable but can be converted into tradable Common Stock at no cost, providing shareholders with flexibility.
- Market Reaction Expectations: The distribution is expected to result in approximately 32.1 million Common shares and 10.9 million Class B shares outstanding post-distribution, potentially increasing market attention on Astronics and solidifying its position in the aerospace and defense sectors.
See More
Astronics Secures $44.7 Million U.S. Army Order
- Significant Order Value: The U.S. Army has issued a $44.7 million purchase order to Astronics Test Systems, marking the initiation of full-rate production for the TS-4549/T Radio Test Sets Program, which is expected to enhance the company's revenue stream over the next 20 months.
- Contract Background: The program was originally awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract in June 2024, with initial funding of $215 million, of which $145 million remains, indicating the project's long-term value and potential.
- Production Challenges and Readiness: Jim Mulato, President of Astronics Test Systems, stated that while ramping up production volume will be challenging, the team is prepared, aiming to execute the current order efficiently, thereby paving the way for additional future production orders and demonstrating responsiveness to customer needs.
- Strategic Development Focus: Astronics aims to enhance its market value by developing innovative technologies and capabilities, having collaborated closely with clients in the aerospace, defense, and other critical industries for over 50 years, showcasing its ability to solve complex challenges.
See More
Pertento Partners Acquires New Stake in Astronics
- New Investment Move: Pertento Partners disclosed a new position in Astronics by acquiring 815,333 shares in Q1 2026, with an estimated transaction value of $59.07 million, indicating confidence in the company's growth prospects.
- Outstanding Stock Performance: As of last Friday, Astronics shares were priced at $80.86, reflecting a 170% increase over the past year, significantly outperforming the S&P 500's 28% rise, showcasing market optimism regarding its business outlook.
- Strong Financial Health: Astronics reported a 12% sales growth to $230.6 million in Q1, with net income nearly tripling to $25.5 million, highlighting robust performance and profitability in the aerospace sector.
- Future Growth Potential: The company's record bookings of $290.4 million and backlog of $734.3 million provide strong visibility into future demand, and Pertento's investment suggests confidence in Astronics being in the early stages of a broader aerospace recovery.
See More
Pertento Partners Acquires Astronics Shares Worth $59.07 Million
- New Investment Disclosure: Pertento Partners disclosed a new position in Astronics by acquiring 815,333 shares in Q1 2026, with an estimated trade value of $59.07 million, indicating confidence in the company's future growth potential.
- Value Change of Holdings: By quarter-end, the position's value was $54.41 million, reflecting both stock price appreciation and the increase in share count, suggesting positive market sentiment towards Astronics.
- Strong Performance Growth: Astronics reported a 12% sales growth in Q1, reaching $230.6 million, while net income nearly tripled to $25.5 million, showcasing robust performance in the aerospace sector.
- Record Backlog: The company achieved record bookings of $290.4 million, with backlog climbing to $734.3 million, providing strong visibility into future demand and further solidifying its competitive position in the market.
See More
BMO and Other Financial Giants Reach New Stock Highs
- Market Rebound Signal: On Friday, BMO, Astronics, DaVita, and Intercorp Financial all reached new stock highs, indicating signs of market stabilization and recovery after recent volatility, which may attract more investor interest.
- BMO's Strong Performance: As one of Canada's largest banks, BMO's stock increase reflects its robust financial performance and market confidence, potentially further boosting its market share in the financial services sector.
- Astronics Growth Momentum: The new high in Astronics' stock price indicates sustained demand in the aerospace electronics and power systems sectors, enhancing the company's competitiveness in the recovering aviation industry.
- DaVita and Intercorp's Market Performance: The stock price increases for DaVita and Intercorp Financial demonstrate a strong recovery in the healthcare and financial services industries, potentially providing new investment opportunities for investors.
See More
Astronics Reports Strong Q1 Earnings with Record Bookings
- Significant Revenue Growth: Astronics reported Q1 revenues of $230.6 million, marking a 12% year-over-year increase that exceeded analysts' expectations by 1.2%, showcasing the company's strong performance and sustained demand in the aerospace market.
- High Adjusted EBITDA: The company achieved an adjusted EBITDA margin of 16.4%, driven by improved operational execution and higher volumes, indicating effective strategies in cost control and profitability.
- Record Bookings and Backlog: Astronics' record bookings and backlog highlight robust market demand, particularly in aerospace and testing sectors, with expectations for a noticeable uptick in activity levels in the coming quarters, further solidifying its market position.
- Stock Price Recovery: Since the earnings report, Astronics' stock has risen by 6.8%, currently trading at $83.61, reflecting investor confidence in the company's growth potential moving forward.
See More
Astronics Announces 20% Stock Distribution Plan
- Stock Distribution Plan: Astronics Corporation announced a 20% stock distribution of Class B Stock to both Common and Class B shareholders, providing one Class B share for every five shares held, with distribution expected around June 29, 2026, aimed at enhancing long-term shareholder interest.
- Historical Distribution Tradition: Since the initial distribution of Class B Stock in 1987, Astronics has conducted 15 distributions, furthering the company's commitment to rewarding shareholders and emphasizing its focus on shareholder value.
- Voting Rights Differentiation: Class B Stock carries ten votes per share compared to one vote for Common Stock, and while both have equivalent economic value, Class B shares are non-tradable but can be converted into tradable Common Stock at no cost, providing shareholders with flexibility.
- Market Reaction Expectations: The distribution is expected to result in approximately 32.1 million Common shares and 10.9 million Class B shares outstanding post-distribution, potentially increasing market attention on Astronics and solidifying its position in the aerospace and defense sectors.
See More
Astronics Secures $44.7 Million U.S. Army Order
- Significant Order Value: The U.S. Army has issued a $44.7 million purchase order to Astronics Test Systems, marking the initiation of full-rate production for the TS-4549/T Radio Test Sets Program, which is expected to enhance the company's revenue stream over the next 20 months.
- Contract Background: The program was originally awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract in June 2024, with initial funding of $215 million, of which $145 million remains, indicating the project's long-term value and potential.
- Production Challenges and Readiness: Jim Mulato, President of Astronics Test Systems, stated that while ramping up production volume will be challenging, the team is prepared, aiming to execute the current order efficiently, thereby paving the way for additional future production orders and demonstrating responsiveness to customer needs.
- Strategic Development Focus: Astronics aims to enhance its market value by developing innovative technologies and capabilities, having collaborated closely with clients in the aerospace, defense, and other critical industries for over 50 years, showcasing its ability to solve complex challenges.
See More
Pertento Partners Acquires New Stake in Astronics
- New Investment Move: Pertento Partners disclosed a new position in Astronics by acquiring 815,333 shares in Q1 2026, with an estimated transaction value of $59.07 million, indicating confidence in the company's growth prospects.
- Outstanding Stock Performance: As of last Friday, Astronics shares were priced at $80.86, reflecting a 170% increase over the past year, significantly outperforming the S&P 500's 28% rise, showcasing market optimism regarding its business outlook.
- Strong Financial Health: Astronics reported a 12% sales growth to $230.6 million in Q1, with net income nearly tripling to $25.5 million, highlighting robust performance and profitability in the aerospace sector.
- Future Growth Potential: The company's record bookings of $290.4 million and backlog of $734.3 million provide strong visibility into future demand, and Pertento's investment suggests confidence in Astronics being in the early stages of a broader aerospace recovery.
See More
Pertento Partners Acquires Astronics Shares Worth $59.07 Million
- New Investment Disclosure: Pertento Partners disclosed a new position in Astronics by acquiring 815,333 shares in Q1 2026, with an estimated trade value of $59.07 million, indicating confidence in the company's future growth potential.
- Value Change of Holdings: By quarter-end, the position's value was $54.41 million, reflecting both stock price appreciation and the increase in share count, suggesting positive market sentiment towards Astronics.
- Strong Performance Growth: Astronics reported a 12% sales growth in Q1, reaching $230.6 million, while net income nearly tripled to $25.5 million, showcasing robust performance in the aerospace sector.
- Record Backlog: The company achieved record bookings of $290.4 million, with backlog climbing to $734.3 million, providing strong visibility into future demand and further solidifying its competitive position in the market.
See More
