secwatch.observer — SEC 8-K summary
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Issuer:     ASTRONICS CORP (ATRO)
CIK:        0000008063
Form:       8-K
Filed at:   2024-01-09T23:59:59+00:00
Accession:  0000008063-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8063/000000806324000005/0000008063-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8063/000000806324000005/atro-20240109.htm
  HTML page:      https://secwatch.observer/filing/0000008063-24-000005

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