AstroNova: Q1 Earnings Insights

Shares of AstroNova ALOT decreased 4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 73.91% year over year to $0.06, which beat the estimate of ($0.19).

Revenue of $30,919,000 declined by 14.54% from the same period last year, which beat the estimate of $29,750,000.

Guidance

AstroNova hasn't issued any earnings guidance for the time being.

AstroNova hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jun 11, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.astronovainc.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2156668&sessionid=1&key=36F3590258E19CAC288EF6EC232B59A8&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $26.57

Company's 52-week low was at $5.29

Price action over last quarter: down 19.59%

Company Description

AstroNova Inc is a player in the technology sector based in the United States. It designs, develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software. The company caters to aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation segments of the market. The company functions through two segments; Product Identification and Testing and Measurement. The Product Identification segment accounts for the major share of revenues by offering product identification and label printer hardware, software, servicing contracts, and consumable products.