secwatch.observer — SEC 8-K summary
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Issuer:     ASTRONICS CORP (ATRO)
CIK:        0000008063
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000008063-23-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8063/000000806323000011/0000008063-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8063/000000806323000011/atro-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000008063-23-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer