---
schema_version: "secwatch.filing_event.v1"
accession: "0000008063-24-000024"
form_type: "8-K"
ticker: "ATRO"
cik: "0000008063"
company_name: "ASTRONICS CORP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:14:27.423288+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Q1 sales up 18% to $185.1M; net loss narrows to $3.2M; record backlog $612.5M

## Summary
- Net loss $3.2M ($0.09 diluted EPS) vs loss $4.4M ($0.14) prior year; tax benefit $1.4M.
- Adjusted EBITDA $19.1M (10.3% of sales) up from $6.1M (3.9%) a year ago.
- Bookings $205.3M with 1.11 book-to-bill; aerospace backlog record $538.9M.
- Aerospace sales +20.7% to $163.6M; segment operating margin expanded to 7.4% from 3.0%.
- Maintains FY2024 revenue guidance $760M-$795M; Q2 revenue expected $185M-$195M.

## SEC filing metadata
- accession: 0000008063-24-000024
- form_type: 8-K
- ticker: ATRO
- cik: 0000008063
- company_name: ASTRONICS CORP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8063/000000806324000024/0000008063-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8063/000000806324000024/atro-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008063-24-000024
- JSON: https://secwatch.observer/filing/0000008063-24-000024.json
- Plain text: https://secwatch.observer/filing/0000008063-24-000024.txt

## Key facts
- Earnings Releases
  ASTRONICS CORP updated its the three months ended March 30, 2024 guidance (reaffirmed).
  - Period: the three months ended March 30, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 2, 2024 , Astronics Corporation issued a news release announcing its first quarter financial results for 2024. A copy of the press release is attached as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8063/000000806324000024/0000008063-24-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.