Astronics Q4 sales up 36% to $158.2M, net loss $6.8M; maintains 2023 revenue guidance $640-680M

ASTRONICS CORP

Q4 sales $158.2M (+36% YoY); full-year sales $534.9M (+20% YoY).
Q4 net loss $6.8M ($0.21 diluted loss); adjusted EBITDA $4.3M (2.7% margin).
Q4 bookings $182.4M (book-to-bill 1.15); backlog record $571.4M (+37% YoY).
Aerospace backlog record $477.7M; commercial transport sales up 76% to $102.8M.
Maintains 2023 revenue guidance $640-680M; Q1 expected $140-150M; new $205M financing closed Jan 19.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

ASTRONICS CORP updated its the three and twelve months ended December 31, 2022 guidance (reaffirmed).

Period: the three and twelve months ended December 31, 2022
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On March 2, 2023, Astronics Corporation issued a news release announcing its fourth quarter and full year financial results for 2022.

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

ASTRONICS CORP filing history →

Source: SEC EDGAR

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