Astronics Corporation Provides Update on Progress
Astronics Corporation (ATRO)
Last astronics corporation earnings: 2/26 06:30 am
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US:NASDAQ Investor Relations:
investors.astronics.com
Company Research
Source: Business Wire
Unaudited revenue of approximately $198 million for fourth quarter 2019 exceeded guidance2020 revenue guidance withdrawn due to uncertainty related to 737 MAXNew VVIP IFE platform “Avenir” successfully launchedExpects restructuring charges related to antenna business of $29 million to $35 million in fourth quarter 2019 Estimating intellectual property damages of an additional $18 million in fourth quarter; Company has filed appeal and is vigorously defending positionTemporarily pausing stock buyback initiatives EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, today provided an update on various projects and events impacting 2019 results and expectations for 2020.Fourth Quarter Revenue and 2020 GuidanceThe Company ended 2019 with unaudited preliminary revenue of approximately $198 million in the fourth quarter, slightly exceeding the high end of
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News
- Astronics Co. (NASDAQ: ATRO) had its price target lowered by analysts at Truist Financial Co. from $21.00 to $19.00. They now have a "hold" rating on the stock.MarketBeat
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ATRO
Earnings
- 5/2/24 - Miss
ATRO
Sec Filings
- 5/2/24 - Form 8-K
- 4/1/24 - Form 8-K
- 3/26/24 - Form ARS
- ATRO's page on the SEC website