ATRO Q1 2024 Earnings — Astronics Corporation Revenue & Financial Results | Market Cap Arena

ATROAstronics Corporation

$3B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$185M+18.2% YoY

Gross Profit

$48M25.7% margin

Operating Income

$2M0.9% margin

Net Income

-$3M-1.7% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$439,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$630M

Total Liabilities

$378M

Stockholders' Equity

$252M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$185M	$157M	+18.2%
Gross Profit	$48M	$28M	+72.7%
Operating Income	$2M	-$2M	+170.3%
Net Income	-$3M	-$4M	+28.0%

Revenue Segments

Aerospace Segment

$164M88%

Test Systems Segment

$21M12%