Astronics Reports Preliminary Unaudited Q4 2024 Revenue; Provides 2025 Revenue Guidance

MT Newswires Live

01-10

Astronics (ATRO) reported preliminary unaudited Q4 2024 revenue Friday of between $208 million and $210 million, exceeding the top end of its guidance range, reflecting a 7% year-over-year growth at the mid point.

Analysts polled by FactSet estimate Q4 revenue of $194.9 million.

The company also projected preliminary 2025 revenue of $820 million to $860 million, reflecting a 6% increase over 2024 at the midpoint of the range. Analysts surveyed by FactSet expect 2025 revenue of $836.4 million.

Preliminary full-year 2024 revenue totaled $796 million, marking a 15.5% increase compared with a year earlier. Analysts polled by FactSet expect full-year 2024 revenue of $790.5 million.

Q4 bookings reached $199 million, pushing total orders for full-year 2024 to around $811 million, the company said.

Shares of Astronics were up 4% in recent Friday trading.

Price: 16.29, Change: +0.69, Percent Change: +4.42

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