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Astronics Corp (ATRO.OQ)

ATRO.OQ on NASDAQ Stock Exchange Global Select Market

43.45USD
24 Sep 2018
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$0.00 (+0.00%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Astronics Corp Announces 2017 Q4 Bookings And Updated 2018 Revenue Guidance
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Astronics Corp ::ORATION ANNOUNCES 2017 FOURTH QUARTER BOOKINGS AND UPDATED 2018 REVENUE GUIDANCE.SEES FY 2018 REVENUE $745 MILLION TO $815 MILLION.- EXPECTS TO RECORD NON-CASH IMPAIRMENT CHARGE OF APPROXIMATELY $16 MILLION IN Q4 OF 2017.  Full Article

Astronics Says CEO To Monetize A Portion Of His Equity Position In Co's Common Stock
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Astronics Corp ::ASTRONICS SAYS CEO PETER GUNDERMANN HAS DETERMINED TO MONETIZE A PORTION OF HIS EQUITY POSITION IN CO'S COMMON STOCK - SEC FILING.ASTRONICS - GUNDERMANN ADOPTED WRITTEN PLAN ON DEC 15 UNDER WHICH HE WILL PLACE ORDERS TO SELL UP TO MAXIMUM OF 71,322 SHARES OF CO'S COMMON STOCK.ASTRONICS - GUNDERMANN TO SELL MAXIMUM OF 71,322 SHARES BY WAY OF WEEKLY SALES ORDERS BEGINNING FEBRUARY 2, 2018 AND ENDING OCTOBER 12, 2018.  Full Article

Astronics Corp Announces $50 Million Share Repurchase Plan
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Astronics Corp ::ASTRONICS CORPORATION ANNOUNCES $50 MILLION SHARE REPURCHASE PLAN.ASTRONICS CORP - ‍ PURCHASES ARE EXPECTED TO BE FUNDED BY COMPANY'S OPERATING CASH FLOWS AND REVOLVING CREDIT FACILITY​.  Full Article

Astronics Corporation reports Q3 earnings per share $0.21
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Astronics Corp :Astronics Corporation reports 2017 third quarter financial results and issues preliminary guidance for 2018.Q3 earnings per share $0.21.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Sees FY 2018 revenue $675 million to $750 million.Astronics Corp qtrly ‍consolidated gross margin was 21.7% in Q3 of 2017 compared with 24.9% in Q3 of 2016​.Astronics Corp - ‍aerospace backlog was $233.2 million at end of q3 2017​.Astronics Corp qtrly ‍consolidated sales were $149.6 million, down $5.5 million from same period last year.Astronics Corp - ‍consolidated backlog at September 30, 2017 was $302.3 million, of which about $148.5 million is expected to ship in 2017​.Astronics Corp - ‍consolidated annual sales in 2017 expected to be in range of $622 million to $636 million​.Astronics Corp - ‍capital equipment spending in 2017 expected to be in range of $17 million to $19 million​.Astronics Corp - ‍Q3 results were a continuation of challenges we have had throughout 2017​.Astronics Corp - qtrly ‍consolidated revenue was nonetheless weaker than expected as programs continued to shift to right​.Astronics Corp - qtrly ‍operating margin and net income were "negatively" impacted​.Astronics Corp - ‍initial guidance for next year anticipates organic growth of well over 10%​.Astronics Corp - expect ‍acquisition of Telefonix PDT to close in next several weeks​.Astronics Corp - ‍anticipate co will revise 2018 revenue range upward before year begins​.  Full Article

Astronics acquires Telefonix
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Astronics Corp :Astronics Corporation announces acquisition of Telefonix Inc.Astronics Corp - Deal for ‍approximately $104 million in cash​.Astronics Corp - Deal for ‍$104 million in cash​.Astronics Corp - ‍Acquisition is expected to be accretive to earnings in 2018​.Astronics - ‍Impact of deal on 2017 earnings will depend on closing date and one-time deal related charges, but is expected to be nominal​.Astronics Corp - ‍ Purchase price of deal funded with Astronics' senior revolving credit facility​.Astronics - ‍ Entered into definitive agreement to acquire substantially all of assets of Telefonix and related co, product development technologies​.  Full Article

BRIEF-Astronics Corp Reports Q1 Shr $0.11

* ASTRONICS CORPORATION REPORTS 2018 FIRST QUARTER FINANCIAL RESULTS