Astronics Corporation Reports 2016 First Quarter Financial Results

0

• Earnings per share increased 7.3% to $0.44 despite lower consolidated revenue
• Improved Test segment operating margin of 10.4% driven by cost reductions and operational realignments, more than offset softer Aerospace margin
• Strong consolidated bookings of $162 million

East Aurora, NY | May 4, 2016– 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. 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, 2015.

Click here to download the entire release, including financial tables.

Comments are closed.