Astronics (OTCMKTS:ATROB) Announces Quarterly Earnings Results

Astronics (OTCMKTS:ATROB) issued its quarterly earnings data on Tuesday. The aerospace company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.60 by $0.15, Zacks reports. The business had revenue of $240.07 million for the quarter, compared to the consensus estimate of $237.11 million. Astronics had a positive return on equity of 29.65% and a negative net margin of 0.37%.

Astronics Stock Performance

Shares of Astronics stock remained flat at $76.11 on Wednesday. The stock had a trading volume of 51 shares, compared to its average volume of 216. Astronics has a one year low of $18.30 and a one year high of $77.60. The firm has a market cap of $2.71 billion, a P/E ratio of -845.52 and a beta of 0.97. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 3.07. The firm’s 50 day moving average is $68.34 and its 200-day moving average is $53.17.

Astronics Company Profile

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.