ATRO Q1 2023 Earnings — Astronics Corporation Revenue & Financial Results | Market Cap Arena

ATROAstronics Corporation

$3B

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$157M+34.7% YoY

Gross Profit

$28M17.6% margin

Operating Income

-$2M-1.5% margin

Net Income

-$4M-2.8% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$21M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$616M

Total Liabilities

$377M

Stockholders' Equity

$239M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$157M	$116M	+34.7%
Gross Profit	$28M	$20M	+38.0%
Operating Income	-$2M	-$4M	+43.1%
Net Income	-$4M	-$3M	-42.4%

Revenue Segments

Test Systems Segment

$21M79%

Aerospace Segment

$6M21%