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Astronics Corporation - Common Stock (ATRO)

17.75
+0.66 (3.86%)

Astronics Corporation is a prominent provider of advanced technologies for the aerospace and defense sectors, specializing in the development of electrical power generation systems and lighting solutions

The company designs and manufactures a wide range of products, including aircraft lighting systems, in-flight entertainment systems, and connectivity solutions that enhance the passenger experience. With a commitment to innovation and safety, Astronics plays a crucial role in helping its clients meet the stringent demands of modern aviation and defense applications, delivering reliable and high-performance solutions that improve operational efficiency and enhance functionality.

SummaryNewsPress ReleasesChartHistoricalFAQ
Astronics Corporation Announces Preliminary Unaudited Revenue for Fourth Quarter 2024 and Initiates Revenue Guidance for 2025
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced its fourth quarter 2024 preliminary unaudited revenue was approximately $208 million to $210 million which was the upper end of the Company’s guidance range. At the midpoint of this announced range, preliminary revenue was up 7.0% over the prior-year period and up 2.6% over the trailing third quarter. Full year preliminary unaudited revenue for 2024 was approximately $796 million, up 15.5% over the prior year.
By Astronics Corporation · Via Business Wire · January 10, 2025
Astronics Corporation to Webcast Presentations at CJS Securities 25th Annual New Ideas Conference and the 27th Annual Needham Growth Conference
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that Peter J. Gundermann, Chairman, President and Chief Executive Officer, and Nancy L. Hedges, Vice President and Chief Financial Officer, will host meetings and a presentation at two upcoming events: the CJS Securities 25th Annual "New Ideas for the New Year" virtual conference and the 27th Annual Needham Growth Conference.
By Astronics Corporation · Via Business Wire · January 7, 2025
Astronics Corporation to Webcast Presentation at the Sidoti Small Cap Conference
Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, announced that Peter J. Gundermann, Chairman, President and Chief Executive Officer, David C. Burney, Executive Vice President and Chief Financial Officer, and Nancy L. Hedges, Controller and Principal Accounting Officer, will present and host investor meetings at the Sidoti Small Cap Virtual Conference on Wednesday, December 4, 2024.
By Astronics Corporation · Via Business Wire · November 27, 2024
Astronics Corporation Announces Pricing of $150 Million Convertible Senior Notes Offering
Astronics Corporation (NASDAQATRO) (“Astronics” or the “Company”) today announced the pricing of $150 million aggregate principal amount of 5.500% convertible senior notes due 2030 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Astronics also granted the initial purchasers of the Notes an option to purchase up to an additional $15 million aggregate principal amount of the Notes, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued. The offering of the Notes is expected to close on December 3, 2024, subject to customary closing conditions.
By Astronics Corporation · Via Business Wire · November 26, 2024
Astronics Corporation Announces $150 Million Convertible Senior Notes Offering
Astronics Corporation (NASDAQATRO) (“Astronics” or the “Company”) today announced that it intends to offer, subject to market and other conditions, $150 million aggregate principal amount of convertible senior notes due 2030 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Astronics also expects to grant to the initial purchasers of the Notes an option to purchase up to an additional $15 million aggregate principal amount of the Notes, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued.
By Astronics Corporation · Via Business Wire · November 25, 2024
Astronics Corporation Reports 25% Growth in Sales in 2024 Third Quarter
Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, today reported financial results for the three and nine months ended September 28, 2024.
By Astronics Corporation · Via Business Wire · November 6, 2024
Astronics Corporation Announces Third Quarter 2024 Financial Results Conference Call and Webcast
Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, announced that it will release its third quarter 2024 financial results after the close of financial markets on Wednesday, November 6, 2024.
By Astronics Corporation · Via Business Wire · October 25, 2024
Astronics Corporation Appoints Nancy L. Hedges as Chief Financial Officer Effective January 4, 2025
Astronics Corporation (NASDAQATRO) (“Astronics” or the “Company”) today announced that its Board of Directors has appointed Nancy L. Hedges, currently Controller and Principal Accounting Officer, to Vice President and Chief Financial Officer effective upon the retirement of David C. Burney, the Company’s current CFO, on January 3, 2025.
By Astronics Corporation · Via Business Wire · October 15, 2024
Astronics Corporation to Present Virtually at the Gabelli 30th Annual Aerospace & Defense Symposium
Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, announced that Peter J. Gundermann, Chairman, President and Chief Executive Officer, and David C. Burney, Executive Vice President and Chief Financial Officer, will present virtually at the Gabelli 30th Annual Aerospace & Defense Symposium on Thursday, September 5, 2024.
By Astronics Corporation · Via Business Wire · August 29, 2024
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.
By Gabelli Funds · Via GlobeNewswire · September 4, 2024
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) --  Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.
By Gabelli Funds · Via GlobeNewswire · August 28, 2024
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City
Thursday, September 5, 2024
By Gabelli Funds · Via GlobeNewswire · August 26, 2024
Astronics Corporation to Webcast Presentation at the Midwest IDEAS Conference
Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, announced that Peter J. Gundermann, Chairman, President and Chief Executive Officer, and David C. Burney, Executive Vice President and Chief Financial Officer, will present and host investor meetings at the Midwest IDEAS Conference at The Gwen in Chicago on Wednesday, August 28, 2024.
By Astronics Corporation · Via Business Wire · August 14, 2024
Astronics Corporation Reports 14% Growth in Sales in 2024 Second Quarter
Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, today reported financial results for the three and six months ended June 29, 2024.
By Astronics Corporation · Via Business Wire · August 1, 2024
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
RYE, N.Y., July 30, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.
By Gabelli Funds · Via GlobeNewswire · July 30, 2024
Astronics Corporation Announces Second Quarter 2024 Financial Results Conference Call and Webcast
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it will release its second quarter 2024 financial results after the close of financial markets on Thursday, August 1, 2024.
By Astronics Corporation · Via Business Wire · July 18, 2024
Astronics Corporation Refinances Debt with Expanded Revolver and Lower Cost Term Loan
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, today announced it has amended and expanded its revolving line of credit and refinanced its term loan. The refinancing provides improved liquidity, lower cash costs, and greater financial flexibility for the Company. The refinancing is comprised of an expanded asset-based line of credit and a reduced, lower-cost term loan.
By Astronics Corporation · Via Business Wire · July 11, 2024
Astronics Awarded Contract for U.S. Army Radio Test Set TS-4549/T Valued at Approximately $215 Million
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced today it has been awarded the production contract for the U.S. Army Radio Test Set TS-4549/T. The award provides for the program management, engineering, and product manufacturing to support the operational readiness of the Army's extensive range of radio communication devices.
By Astronics Corporation · Via Business Wire · June 17, 2024
Astronics’ Newest EmPower® UltraLite G2 USB Power System to Be Installed on 650 Aircraft by End of Year
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced today the global delivery of 350 shipsets of the EmPower® UltraLite G2 Power System since its launch in 2022. The Company has backlog of 300 more systems to be delivered by the end of 2024 demonstrating the rapid increase in adoption rate for the next generation passenger power solution which delivers more power with less weight.
By Astronics Corporation · Via Business Wire · May 27, 2024
Astronics Awarded Contracts Valued up to $75 Million for Dual-Modem Modem Manager Units
Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, announced today that it has been awarded contracts from multiple customers for the Astronics Dual-Modem ModMan (ADMM) valued up to approximately $75 million over the next 3 to 5 years. The Company expects to receive a series of purchase orders throughout the duration of the contracts.
By Astronics Corporation · Via Business Wire · May 24, 2024
Astronics Corporation Reports 2024 First Quarter Financial Results
Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, today reported financial results for the three months ended March 30, 2024.
By Astronics Corporation · Via Business Wire · May 2, 2024
Astronics Corporation Announces First Quarter 2024 Financial Results Conference Call and Webcast
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it will release its first quarter 2024 financial results after the close of financial markets on Thursday, May 2, 2024.
By Astronics Corporation · Via Business Wire · April 22, 2024
Astronics Corporation Reports 2023 Fourth Quarter and Full Year Financial Results
Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense and other mission critical industries, today reported financial results for the three and twelve months ended December 31, 2023.
By Astronics Corporation · Via Business Wire · February 28, 2024
Astronics Corporation Announces Fourth Quarter 2023 Financial Results Conference Call and Webcast
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it will release its fourth quarter 2023 financial results after the close of financial markets on Wednesday, February 28, 2024.
By Astronics Corporation · Via Business Wire · February 15, 2024
Astronics Corporation to Webcast Presentation at the Needham Growth Conference
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced that Peter J. Gundermann, Chairman, President and Chief Executive Officer, will host a presentation at the Needham Growth Conference on Wednesday, January 17, 2024.
By Astronics Corporation · Via Business Wire · January 10, 2024