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Market Overview

Recap: AstroNova Q3 Earnings

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Shares of AstroNova (NASDAQ:ALOT) remained unaffected after the company reported Q3 results.

Quarterly Results

Earnings per share fell 100.00% year over year to ($0.00), which missed the estimate of $0.02.

Revenue of $28,017,000 declined by 15.91% year over year, which missed the estimate of $28,850,000.

Looking Ahead

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

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

How To Listen To The Conference Call

Date: Dec 07, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.astronovainc.com%2F&eventid=2632674&sessionid=1&key=750D6C0A7EE69E733ED065085AE9458B&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $14.55

Company's 52-week low was at $5.29

Price action over last quarter: Up 64.38%

Company Overview

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.

 

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