Welcome to our dedicated page for Astronova news (Ticker: ALOT), a resource for investors and traders seeking the latest updates and insights on Astronova stock.
AstroNova, Inc. (NASDAQ: ALOT) is a specialized printing and data visualization company whose news flow reflects developments in its Product Identification and Aerospace segments, corporate governance and financing arrangements. As a provider of digital product marking and identification solutions and airborne printing, avionics and data acquisition products, AstroNova regularly issues updates that are relevant to investors following industrial technology and aerospace-related printing markets.
Company news often includes quarterly and annual financial results, where AstroNova discusses revenue trends, segment performance, margins and cash generation. These releases highlight developments such as sequential revenue growth, changes in gross profit, and the contribution of Product Identification and Aerospace, including commentary on recurring supplies, parts and service revenue and the performance of ToughWriter flight deck printers.
AstroNova’s news also covers product and operational updates within Product Identification, such as shipments of redesigned professional label presses and direct-to-packaging printers that incorporate technologies from the MTEX acquisition, as well as productivity improvements in mail and sheet/flatpack operations. In Aerospace, news items describe shipments of ToughWriter printers to major aircraft manufacturers and shifts in orders and backlog across commercial aircraft, defense and other markets.
Investors can also expect corporate and governance announcements, including leadership changes, board appointments, cooperation agreements with shareholders and details related to proxy contests. In addition, AstroNova reports on amendments to its credit agreement with Bank of America, outlining changes to its revolving credit facility, term loans and covenant structure.
By following ALOT news, readers can monitor how AstroNova executes its strategy to drive profitable growth through new technologies, build its installed base, expand recurring revenue and manage its capital structure. This news page aggregates these updates so users can review financial results, segment developments, governance actions and financing events in one place.
AstroNova (Nasdaq: ALOT) reported Q3 fiscal 2026 revenue of $39.2M, up 8.5% sequentially and down 3.1% year-over-year. Gross margin improved to 36.2% (non-GAAP 37.2%) and adjusted EBITDA was $4.2M (10.7% margin). GAAP net income was $0.4M ($0.05 per diluted share) and non-GAAP net income was $1.5M ($0.20 per diluted share). Product ID revenue was $26.8M and Aerospace revenue was $12.3M. Cash from operations was $3.4M in the quarter and $8.1M year-to-date. Debt fell to $40.3M after reducing $3.2M this quarter and the company refinanced its credit agreement to extend maturities and improve flexibility.
AstroNova (Nasdaq: ALOT) will report third quarter fiscal 2026 results before market open on Wednesday, December 10, 2025. Management will host a conference call and webcast at 8:30 a.m. Eastern Time with Jorik Ittmann, President & CEO, and Tom DeByle, VP & CFO, to review financial and operating results and provide outlook.
A Q&A session will follow. Live webcast and slide presentation will be available at AstroNovaInc.com. A telephonic replay is available from 12:00 p.m. ET on December 10 through December 24, 2025 (dial (412) 317-6671, replay PIN 13756179), and the webcast replay will be posted in Investor Relations.
AstroNova (Nasdaq: ALOT) amended its credit agreement with Bank of America on October 31, 2025 to improve liquidity and covenant flexibility.
The amendment: temporarily increases the revolving credit facility to $27.5M (from $25.0M); extends revolver maturity to August 2028; refinances prior term loans into a $10.0M term loan due August 2028 and a $9.7M term A-2 loan due August 2035; and reduces quarterly debt service with allowance for up to $1.5M of Consolidated EBITDA add-backs for cash restructuring charges. The company reported $17.9M drawn on the amended revolver and granted additional security interests in two real estate facilities.
AstroNova (Nasdaq: ALOT) reported disappointing Q2 fiscal 2026 results with revenue declining 10.9% to $36.1 million. The company posted a net loss of $1.2 million, or $0.16 per share, with adjusted EBITDA falling 46.6% to $2.1 million.
Key developments include shipping redesigned MTEX professional label presses and beginning ToughWriter® 640 flight deck printer shipments to a major aircraft manufacturer. The Product ID segment revenue decreased 8.9% to $24.8 million, while Aerospace segment revenue fell 15.1% to $11.3 million.
Management revised fiscal 2026 guidance downward, now projecting revenue of $149-154 million with adjusted EBITDA margin of 7.5-8.5%. The company is currently in discussions to restructure its financing into a real estate backed loan following a covenant breach in Q2.
AstroNova (Nasdaq: ALOT), a specialized print technology solutions provider, will release its second quarter fiscal year 2026 financial results on Tuesday, September 9, 2025, before market open.
The company will host a conference call and webcast at 10:00 a.m. Eastern Time featuring CEO Jorik Ittmann and CFO Tom DeByle to discuss results, corporate strategies, and outlook. A replay will be available until September 23, 2025, via phone at (412) 317-6671 with PIN 13755475 or through the company's website.
AstroNova (Nasdaq: ALOT) has appointed Shawn Kravetz to its Board of Directors, following a Cooperation Agreement with Askeladden Capital Management LLC. Kravetz, who will serve as an independent director on the Nominating and Governance Committee, brings significant experience as the Founder and Chief Investment Officer of Esplanade Capital LLC.
The appointment comes as AstroNova aims to reset its Product Identification segment while leveraging its Aerospace segment's market position. As part of the agreement, Askeladden has committed to certain standstill and voting commitments, including supporting the Board's full slate of directors at the 2025 Annual Meeting.
AstroNova (Nasdaq: ALOT), a data visualization technology company, announced a significant leadership change with Darius G. Nevin appointed as Interim President and CEO, effective June 29, 2025. This appointment follows the resignation of former President and CEO Gregory A. Woods, who also stepped down from the Board of Directors.
Nevin, who recently joined AstroNova's Board, brings extensive public company experience, including a nine-year tenure as CFO at Protection One, Inc., where he led a successful financial turnaround. He currently serves on the boards of Alarm.com (Nasdaq: ALRM) and Psychemedics Corporation, where he is Chairman.
Due to this material change in leadership, AstroNova has postponed its Annual Meeting of Shareholders, originally scheduled for July 9, 2025. The company will announce a new meeting date in the future.
Leading proxy advisory firm ISS has endorsed the case for change at AstroNova (NASDAQ:ALOT), recommending shareholders vote for Askeladden nominees Jeff Sands and Samir Patel on the GOLD proxy card. ISS highlighted significant concerns about AstroNova, including a 50% TSR decline over 12 months and the value-destructive MTEX acquisition that resulted in a $13.4M impairment charge on an $18.6M transaction.
ISS criticized the board's independence and oversight, noting persistent execution issues, failed restructuring attempts, and concerning professional ties between directors. The firm specifically recommended voting WITHHOLD for incumbent directors Richard Warzala and Mitchell Quain, citing their responsibility for governance concerns.
AstroNova (NASDAQ: ALOT) has issued a statement regarding the ongoing proxy contest with Samir Patel and Askeladden Capital Management. The company claims that Patel breached confidentiality agreements by publicly disclosing private conversations with the Lead Independent Director and demonstrated a lack of understanding of corporate governance principles.
The company defends its strategic initiatives, particularly in the Product Identification segment, which focuses on developing leadership positions in digital color direct-to-package and direct-to-media printing sectors. AstroNova urges shareholders to vote "FOR" their six director nominees on the WHITE universal proxy card at the upcoming Annual Meeting on July 9, 2025.
Askeladden Capital Management has issued a letter to AstroNova (NASDAQ:ALOT) shareholders criticizing the company's board for breaching confidentiality during private negotiations. The letter reveals that AstroNova's board proposed terms requiring Askeladden to sign a standstill agreement in exchange for no board representation, CEO Woods leaving the board but remaining CEO, and Askeladden receiving only observer status with no voting rights.
The activist investor accuses the board of prioritizing entrenchment over shareholder interests, pointing to the ~50% decline in shareholder value following the MTEX situation. Askeladden urges shareholders to vote using their GOLD proxy card to elect new directors focused on maximizing shareholder value through potential actions like CEO replacement, board refreshment, or exploring a company sale.