ATRO Q2 2023 Earnings — Astronics Corporation Revenue & Financial Results | Market Cap Arena

ATROAstronics Corporation

$3B

Q2 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$174M+35.1% YoY

Gross Profit

$33M18.7% margin

Operating Income

$2M1.4% margin

Net Income

-$12M-6.9% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$654M

Total Liabilities

$423M

Stockholders' Equity

$230M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$174M	$129M	+35.1%
Gross Profit	$33M	$16M	+108.1%
Operating Income	$2M	-$8M	+128.5%
Net Income	-$12M	-$11M	-9.0%

Revenue Segments

Test Systems Segment

$16M68%

Aerospace Segment

$8M32%