Astronics reports preliminary Q4 revenue $193-195M (+23% YoY); 2024 guidance $760-795M

ASTRONICS CORP

2023-FY EPS reported -$0.80 revenue$689,206,000

Preliminary Q4 2023 revenue $193-195M (mid-point ~$194M), up 23% vs prior year and 19% sequential.
Full-year 2023 preliminary revenue ~$688M, up 29% over 2022; bookings ~$726M for year.
Initial 2024 revenue guidance $760-795M, representing ~13% growth at mid-point over 2023.
CEO cites improving supply chain, workforce, and opening backlog of ~$595M as drivers for 2024.
Company expects to return to pre-pandemic sales levels and grow beyond with new products.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ASTRONICS CORP reported Q4 2023 results: revenue $193 million to $195 million.

Period: Q4 2023
Revenue: $193 million to $195 million
Result: preliminary results

Exact text from the filing

Preliminary, unaudited fourth quarter revenue was $193 million to $195 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ASTRONICS CORP reported FY 2023 results: revenue approximately $688 million.

Period: FY 2023
Revenue: approximately $688 million
Result: preliminary results

Exact text from the filing

Full year 2023 preliminary unaudited revenue was approximately $688 million, an increase of 29% over 2022

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ASTRONICS CORP reported FY 2024 results: revenue $760 million to $795 million. Guidance initiated.

Period: FY 2024
Revenue: $760 million to $795 million
Guidance: initiated
Result: guidance update

Exact text from the filing

Initial 2024 revenue guidance established at $760 million to $795 million

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ASTRONICS CORP filing history →

Source: SEC EDGAR

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