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  • Nov 8, 2023

      Show headlines and story abstract
    • 4:22PM ET on Wednesday Nov 08, 2023 by MT Newswires
      Companies Mentioned: ATRO
      04:22 PM EST, 11/08/2023 (MT Newswires) -- ...
    • 4:22PM ET on Wednesday Nov 08, 2023 by Dow Jones
      Companies Mentioned: ATRO
      -------- ------- ------- ------- ----------- Bookings Aerospace $ 151,688 $150,096 $188,800 $ 153,272 $ 643,856 Test Systems 30,707 7,740 18,252 22,724 79,423 -------- ------- ------- ------- ----------- Total Bookings $ 182,395 $157,836 $207,052 $ 175,996 $ 723,279 -------- ------- ------- ------- ----------- Backlog Aerospace(2) $ 457,796 $472,295 $502,713 $ 513,881 Test Systems 93,696 86,319 88,499 90,405 -------- ------- ------- ------- ------------ Total Backlog $ 551,492 $558,614 $591,212 $ 604,286 N/A -------- ------- ------- ------- ----------- Book:Bill Ratio Aerospace 1.10 1.11 1.19 1.08 1.12 Test Systems(1) 1.55 0.51 1.14 1.09 1.11 -------- ------- ------- ------- ----------- Total Book:Bill(1) 1.15 1.05 1.19 1.08 1.12 -------- ------- ------- ------- ----------- _______________________________ (1) In the first quarter of 2023, Test Systems and Total sales include the $5.8 million reversal of a deferred revenue liability. The book:bill ratios have been calculated excluding the impact of that transaction. (2) In November of 2023, a non-core contract manufacturing customer reported within the Aerospace segment declared bankruptcy, and as a result, Aerospace and Total Backlog was reduced by $19.9 million in all periods affected. In the bar chart presented above, Aerospace and Total Bookings was reduced by $2.6 million and $17.2 million in second and third quarters of 2021, respectively.
    • 4:22PM ET on Wednesday Nov 08, 2023 by Dow Jones
      Companies Mentioned: ATRO
      Systems(1) 19,818 20,941 16,072 20,818 77,649 -------- ------- ------- ------- ----------- Total Sales(1) $ 158,153 $156,538 $174,454 $ 162,922 $ 652,067 -------- ------- ------- ------- ----------- Bookings Aerospace $ 151,688 $150,096 $188,800 $ 153,272 $ 643,856 Test Systems 30,707 7,740 18,252 22,724 79,423 -------- ------- ------- ------- ----------- Total Bookings $ 182,395 $157,836 $207,052 $ 175,996 $ 723,279 -------- ------- ------- ------- ----------- Backlog Aerospace(2) $ 457,796 $472,295 $502,713 $ 513,881 Test Systems 93,696 86,319 88,499 90,405 -------- ------- ------- ------- ------------ Total Backlog $ 551,492 $558,614 $591,212 $ 604,286 N/A -------- ------- ------- ------- ----------- Book:Bill Ratio Aerospace 1.10 1.11 1.19 1.08 1.12 Test Systems(1) 1.55 0.51 1.14 1.09 1.11 -------- ------- ------- ------- ----------- Total Book:Bill(1) 1.15 1.05 1.19 1.08 1.12 -------- ------- ------- ------- ----------- _______________________________ (1) In the first quarter of 2023, Test Systems and Total sales include the $5.8 million reversal of a deferred revenue liability. The book:bill ratios have been calculated excluding the impact of that transaction. (2) In November of 2023, a non-core contract manufacturing customer reported within the Aerospace segment declared bankruptcy, and as a result, Aerospace and Total Backlog was reduced by $19.9 million in all periods affected. In the bar chart presented above, Aerospace and Total Bookings was reduced by $2.6 million and $17.2 million in second and third quarters of 2021, respectively.
    • 4:22PM ET on Wednesday Nov 08, 2023 by Business Wire
      Companies Mentioned: ATRO

      Astronics Corporation (Nasdaq: ATRO) ("Astronics" or the "Company"), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, today reported financial results for the three and nine months ended September 30, 2023.

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