Astronics Corp (ATRO) Misses Q1 EPS by 29c, Revenues Beat; Offers 2Q Revenues Guidance Below Consensus
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Astronics Corporation Reports 2021 First Quarter Financial Results
May 6, 2021 6:30 AM EDTSales for the quarter were $105.9Â million, slightly better than guidance Net loss was $11.9Â million Adjusted EBITDA* loss was $0.5Â million Bookings for the quarter continued sequential improvement to $120.0Â million Backlog at the end of the quarter was $297.5Â millionÂ
*Adjusted EBITDA is a Non-GAAP Performance Measure. Â Please see the attached table for a reconciliation of adjusted EBITDA to GAAP net income .
EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq: ATRO) (Astronics... More
