{"schema_version":"secwatch.filing_event.v1","accession":"0000008063-23-000020","form_type":"8-K","ticker":"ATRO","cik":"0000008063","company_name":"ASTRONICS CORP","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.310917+00:00","generated_at":"2026-06-15T11:06:42.973137+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Astronics Q1 sales up 35% to $156.5M; net loss widens to $4.4M","bullets":["Net loss $4.4M ($0.14 per diluted share) vs loss $3.1M ($0.10) in prior year.","Adjusted EBITDA $6.1M (3.9% of sales) vs $0.9M; record backlog $578.5M.","Aerospace segment sales $135.6M (+34%); bookings $150.1M (book-to-bill 1.11:1).","Q2 revenue guidance $165M-$175M; FY 2023 guidance maintained at $640M-$680M.","Test Systems restructuring to yield $4M-$5M annual savings starting Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0000008063-23-000020","json":"https://secwatch.observer/filing/0000008063-23-000020.json","markdown":"https://secwatch.observer/filing/0000008063-23-000020.md","text":"https://secwatch.observer/filing/0000008063-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8063/000000806323000020/0000008063-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8063/000000806323000020/atro-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T11:06:42.973137+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":"9ef87eb71b331e0b0af12a447213600a9149070b","claim":"ASTRONICS CORP reported the three months ended April 1, 2023 results: revenue $156,538, net income Net loss $4,415, EPS $0.14 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Corporation Reports 2023 First Quarter Financial Results May 9, 2023 Page 2 First Quarter Results Three Months Ended ($ in thousands) April 1, 2023 April 2, 2022 % Change Sales $ 156,538 $ 116,176 34.7 % Loss from Operations $ (2,370) $ (4,167) 43.1 % Operating Margin % (1.5) % (3.6) % Net Gain on Sale of Business $ (3,427) $ (11,284) Net Loss $ (4,415) $ (3,101)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8063/000000806323000020/0000008063-23-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended April 1, 2023"},{"label":"Revenue","value":"$156,538"},{"label":"Net income","value":"Net loss $4,415"},{"label":"EPS","value":"$0.14 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}