{"schema_version":"secwatch.filing_event.v1","accession":"0000008063-23-000044","form_type":"8-K","ticker":"ATRO","cik":"0000008063","company_name":"ASTRONICS CORP","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.689274+00:00","generated_at":"2026-06-12T10:20:45.429685+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astronics Q2 sales up 35% to $174.5M; net loss $12.0M; record backlog $611.1M","bullets":["Sales $174.5M (+35% YoY); Aerospace segment sales up 45% to $158.4M, driven by commercial transport +62%.","Net loss $12.0M ($0.37/diluted share) vs $11.0M loss a year ago; includes $8.1M tax expense on R&D capitalization.","Adjusted EBITDA $15.8M (9.1% of sales) vs $2.1M (1.6%) last year; operating income $2.4M vs loss of $8.4M.","Record backlog $611.1M; bookings $207.1M for 1.19 book-to-bill; $502M expected to ship in 12 months.","Test Systems segment operating loss $6.1M on lower defense revenue and $2.2M litigation costs; restructuring targets $4-5M annual savings."],"urls":{"canonical":"https://secwatch.observer/filing/0000008063-23-000044","json":"https://secwatch.observer/filing/0000008063-23-000044.json","markdown":"https://secwatch.observer/filing/0000008063-23-000044.md","text":"https://secwatch.observer/filing/0000008063-23-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8063/000000806323000044/0000008063-23-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8063/000000806323000044/atro-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T10:20:45.429685+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":"172266d2b2ab006ba73572657f1c163b49a16ae3","claim":"ASTRONICS CORP reported three and six months ended July 1, 2023 results: revenue $174,454, net income $(11,999), EPS $0.37 per diluted share.","evidence_excerpt":"August 3, 2023 Page 2 Second Quarter Results Three Months Ended Six Months Ended ($ in thousands) July 1, 2023 July 2, 2022 % Change July 1, 2023 July 2, 2022 % Change Sales $ 174,454 $ 129,127 35.1 % $ 330,992 $ 245,303 34.9 % Income (Loss) from Operations $ 2,396 $ (8,396) 128.5 % $ 26 $ (12,563) 100.2 % Operating Margin % 1.4 % (6.5) % — % (5.1) % Net Gain","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8063/000000806323000044/0000008063-23-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and six months ended July 1, 2023"},{"label":"Revenue","value":"$174,454"},{"label":"Net income","value":"$(11,999)"},{"label":"EPS","value":"$0.37 per diluted share"},{"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"}