Astronics Corporation Reports Preliminary Orders for Second Quarter 2023 of Approximately $200 million
17 Julho 2023 - 5:20PM
Business Wire
- Expects revenue for second quarter 2023 to be in range of $170
million to $175 million; at upper end of previous guidance
- Announces second quarter 2023 financial results conference call
and webcast scheduled for aftermarket on Thursday, August 3,
2023
Astronics Corporation (Nasdaq: ATRO), a leading provider of
advanced technologies for global aerospace, defense and other
mission critical industries, announced that preliminary orders for
the second quarter of 2023 are approximately $200 million to $205
million. Included in orders was a $9.6 million production order for
the Handheld Radio Test Sets (HHRTS) Program for the U.S. Marine
Corps (USMC) related to the $40 million IDIQ contract previously
announced on April 6, 2023.
The Company also announced that unaudited preliminary results
suggest revenue for the second quarter to be in the range of $170
million to $175 million. This is at the upper end of its previous
guidance range of $165 million to $175 million which was provided
on May 9, 2023.
Second Quarter 2023 Conference Call
Astronics plans to release its second quarter 2023 financial
results after the close of financial markets on Thursday, August 3,
2023 and will host a conference call and webcast that same day to
review its financial and operating results and discuss its
corporate strategies and outlook. A question-and-answer session
will follow.
Thursday, August 3, 2023 4:45 p.m. Eastern
Time Phone: (412) 317-5180 Webcast: investors.astronics.com
A telephonic replay will be available from 8:00 p.m. ET on the
day of the call through Thursday, August 17, 2023. To listen to the
archived call, dial (412) 317-6671 and enter replay pin 10180028.
The webcast replay can be accessed via the investor relations
section of the Company’s website where a transcript will also be
posted once available.
ABOUT ASTRONICS CORPORATION
Astronics Corporation (Nasdaq: ATRO) serves the world’s
aerospace, defense, and other mission critical industries with
proven, innovative technology solutions. Astronics works
side-by-side with customers, integrating its array of power,
connectivity, lighting, structures, interiors, and test
technologies to solve complex challenges. For over 50 years,
Astronics has delivered creative, customer-focused solutions with
exceptional responsiveness. Today, global airframe manufacturers,
airlines, militaries, completion centers and Fortune 500 companies
rely on the collaborative spirit and innovation of Astronics. The
Company’s strategy is to increase its value by developing
technologies and capabilities that provide innovative solutions to
its targeted markets.
For more information on Astronics and its solutions, visit
Astronics.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230717411564/en/
Company David C. Burney, CFO
Astronics Corporation T: 716.805.1599 x 159
Investors Deborah K. Pawlowski Kei
Advisors LLC T: 716.843.3908 dpawlowski@keiadvisors.com
Astronics (NASDAQ:ATRO)
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