Recap: AstroNova Q2 Earnings

Shares of AstroNova ALOT fell 1.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 100.00% year over year to ($0.00), which beat the estimate of ($0.06).

Revenue of $27,658,000 declined by 17.36% year over year, which missed the estimate of $27,920,000.

Outlook

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

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Sep 09, 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%2Finvestors%2Fdefault.aspx&eventid=2588690&sessionid=1&key=71DDA66A2B3704AC6BFCCE686F3D37AF&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $17.47

52-week low: $5.29

Price action over last quarter: Up 2.64%

Company Profile

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.