Shares of Astronics ATRO were flat in pre-market trading after the company reported Q2 results.
Earnings per share decreased 289.47% year over year to ($0.36), which missed the estimate of ($0.31).
Revenue of $123,694,000 decreased by 34.59% from the same period last year, which beat the estimate of $110,030,000.
The upcoming fiscal year's revenue expected to be between $500,000,000 and $525,000,000.
How To Listen To The Conference Call
Date: Jul 31, 2020
Time: 11:00 AM
ET Webcast URL: http://public.viavid.com/player/index.php?id=140405
Company's 52-week high was at $38.04
52-week low: $6.99
Price action over last quarter: Up 10.14%
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. Aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.