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0 0 0 0.00281690140845074 1.12676056337766E-05 -0.00281690140845074 -0.00407323943661963 -0.00281690140845074
Stock impact report

AstroNova down 3% post Q1 results [Seeking Alpha]

AstroNova, Inc. (ALOT) 
Last astronova, inc. earnings: 3/12 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
AstroNova down 3% post Q1 resultsAstroNova (ALOT-3%) reported Q1 revenue growth of 28.7% Y/Y to $31.5M, with domestic revenue $19.2M (+23% Y/Y) and international revenue $12.3M (+40% Y/Y).Q1 Overall gross marginimproved by 50 bps to 38.5% and operating marginimproved 110 bps to 4%.Segment results: Product identification revenue $20M (+7% Y/Y) and operating margin wasdown by 510 bps to 8.3%; Test & management revenue $11.5M (+98% Y/Y) reflecting the impact of the Honeywell asset purchase and licensing agreement, and operating marginimproved by 1,840 bps to 19.6%.Bookings increased 29% Y/Y to $33.3M from $25.8M.Backlog was at $23.9M (+31% Y/Y) as of April 28, 2018.“We continue to be positive on our expectations for fiscal 2019 with comparable sales and earnings in the second quarter and improving performance in the second half of the year as we wind down the Transition Services Agreement with Honeywell for our new Aerospace printer line as well as increased revenue contributions from ou Show less Read more
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