Astronics Q3 sales $111.8M, net loss $7.2M; bookings up 88% YoY to $153.5M

ASTRONICS CORP

2021-Q3 EPS reported -$0.88 revenue$328,856,000

Sales $111.8M, up 5% YoY; net loss $7.2M ($0.23 diluted) vs $5.3M loss in prior year.
Adjusted EBITDA $2.8M vs ($0.1M) YoY; Aerospace operating profit $1.9M vs loss of $6.3M.
Bookings $153.5M (book-to-bill 1.37); backlog $354.4M, up 13% sequentially.
Aerospace sales $95.8M (+16% YoY); commercial aerospace up 30.6% to $57.5M.
Q4 revenue guidance $115-118M; supply chain challenges limited Q3 sales by $8-10M.

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