Astronics Corp (ATRO) Misses Q1 EPS by 8c
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Astronics Corporation Reports 2016 First Quarter Financial Results
May 4, 2016 6:55 AM EDTEarnings per share increased 7.3% to $0.44 despite lower consolidated revenueImproved Test segment operating margin of 10.4% driven by cost reductions and operational realignments, more than offset softer Aerospace marginStrong consolidated bookings of $162 million
EAST AURORA, N.Y., May 04, 2016 (GLOBE NEWSWIRE) -- Astronics Corporation (NASDAQ: ATRO), a leading supplier of products to the global aerospace, defense, and semiconductor industries, today reported financial results for the three months ended April 2, 2016. Â Earnings per share for 2015 are adjusted for the 3 for 20 (15%) distribution of Class B Stock for shareholders of record on October 8,... More
