Astronics Corporation is a prominent provider of advanced technologies for the aerospace and defense sectors, specializing in the development of electrical power generation systems and lighting solutions
The company designs and manufactures a wide range of products, including aircraft lighting systems, in-flight entertainment systems, and connectivity solutions that enhance the passenger experience. With a commitment to innovation and safety, Astronics plays a crucial role in helping its clients meet the stringent demands of modern aviation and defense applications, delivering reliable and high-performance solutions that improve operational efficiency and enhance functionality.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the aerospace industry, including Astronics (NASDAQATRO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the aerospace and defense industry, including Cadre (NYSECDRE) and its peers.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQATRO) announced better-than-expected revenue in Q3 CY2024, with sales up 25% year on year to $203.7 million. The company expects next quarter’s revenue to be around $200 million, close to analysts’ estimates. Its GAAP loss of $0.34 per share was 1,600% below analysts’ consensus estimates.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQATRO)
will be announcing earnings results tomorrow afternoon. Here’s what to look for.
Gainers Missfresh Limited (NASDAQMF) jumped 168% to $1.38 after the company announced entry of share purchase agreements for financing and business acquisition.
