---
schema_version: "secwatch.filing_event.v1"
accession: "0000008063-22-000016"
form_type: "8-K"
ticker: "ATRO"
cik: "0000008063"
company_name: "ASTRONICS CORP"
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T23:11:08.414563+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Astronics Q1 sales up 10% to $116.2M, net loss improves to $3.1M from $11.9M

## Summary
- Bookings rose 46% to $175.6M; book-to-bill 1.51; backlog record $475.1M (77% expected to ship in 2022).
- Aerospace sales up 24.5% to $101.4M, driven by commercial aerospace (+67.7% to $64.1M).
- Supply chain challenges delayed ~$15M in revenue out of Q1; FY revenue guidance maintained at $550-600M.
- Net gain of $11.3M from semiconductor test business earnout; adjusted EBITDA loss narrowed to $0.4M.
- Q2 revenue expected $125-135M; credit facility extended to May 2023, net debt reduced to $113M.

## SEC filing metadata
- accession: 0000008063-22-000016
- form_type: 8-K
- ticker: ATRO
- cik: 0000008063
- company_name: ASTRONICS CORP
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8063/000000806322000016/0000008063-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8063/000000806322000016/atro-20220506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008063-22-000016
- JSON: https://secwatch.observer/filing/0000008063-22-000016.json
- Plain text: https://secwatch.observer/filing/0000008063-22-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.