{"schema_version":"secwatch.filing_event.v1","accession":"0000008063-22-000049","form_type":"8-K","ticker":"ATRO","cik":"0000008063","company_name":"ASTRONICS CORP","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.614409+00:00","generated_at":"2026-06-22T04:47:15.883079+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astronics Q3 prelim revenue $131M, below expectations; net loss widens to ~$15M","bullets":["Preliminary Q3 revenue $131M, up 18% YoY but short of expectations due to supply chain and customer reschedules.","Preliminary bookings $184M (+20% YoY) drove record backlog of $547M; aerospace orders $166M (record), test $18M.","Preliminary net loss ~$15M vs loss of $7.2M a year ago; reflects $4M legal/customer accommodation costs.","Guides Q4 revenue $140-150M and 2023 revenue $640-680M; implies FY22 ~$521M (+17% YoY).","Credit facility amended Oct 21; maximum borrowing temporarily raised to $180M; covenant waivers obtained."],"urls":{"canonical":"https://secwatch.observer/filing/0000008063-22-000049","json":"https://secwatch.observer/filing/0000008063-22-000049.json","markdown":"https://secwatch.observer/filing/0000008063-22-000049.md","text":"https://secwatch.observer/filing/0000008063-22-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8063/000000806322000049/0000008063-22-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8063/000000806322000049/atro-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:47:15.883079+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"32a97f27a3d7c49d55723685b66055a73d2654c6","claim":"ASTRONICS CORP reported third quarter of 2022 results: revenue $131 million, net income approximately $15 million. Guidance initiated.","evidence_excerpt":"--- NEWS RELEASE Exhibit 99.1 For Immediate Release Astronics Corporation Announces Third Quarter 2022 Preliminary Revenue and Orders • Preliminary third quarter revenue was $131 million, below expectations due to supply chain challenges and program reschedules • Preliminary third quarter bookings were $184 million, driving another record backlog and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8063/000000806322000049/0000008063-22-000049-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2022"},{"label":"Revenue","value":"$131 million"},{"label":"Net income","value":"approximately $15 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}