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. reports developments in specialized printing technologies for regulated and industrial markets. The company designs, manufactures, distributes and services products that identify, track and communicate product and safety information, with two operating segments: Product Identification and Aerospace.
Recurring updates cover Product Identification hardware, software and consumables for labels, flexible packaging, corrugated and industrial substrates, as well as Aerospace flight deck printing, avionics, data acquisition, networking hardware and aerospace-grade supplies. News also includes earnings releases, segment performance, product launches, recurring supplies and service revenue, credit agreement amendments, leadership appointments, restructuring actions and corporate strategy updates.
AstroNova, Inc. (NASDAQ: ALOT) reported Q3 FY 2021 revenue of $28.0 million, down from $33.3 million year-over-year. The Product Identification segment saw revenue grow to $22.9 million, driven by strong demand for the TrojanLabel and QuickLabel products, while the Test & Measurement segment fell to $5.1 million due to Boeing 737 MAX grounding and COVID-19 impacts. Gross profit decreased to $9.7 million (34.7% of revenue) and operating income was flat at $0.4 million. Net income was $12,000, or $0.00 EPS. Backlog rose to $23.2 million from $20.8 million a year earlier.
AstroNova, Inc. (NASDAQ: ALOT) has announced its plan to release third-quarter fiscal 2021 financial results before the Nasdaq opens on December 7, 2020. The company will host a conference call at 9:00 a.m. ET, led by CEO Greg Woods and CFO David Smith. Participants can dial in starting at 8:50 a.m. ET. A replay of the call will be available from December 7 to December 14, 2020. The company continues its leadership in data visualization technologies, serving multiple industries with its diverse product offerings.
AstroNova, Inc. (NASDAQ: ALOT) announced that CEO Gregory A. Woods and CFO David S. Smith will present at the Sidoti Virtual Microcap Conference 2020. The presentation is scheduled for 11:30 a.m. ET on November 19, 2020. A live webcast will be accessible via AstroNova's Investors section and can also be viewed at this link. AstroNova specializes in data visualization technologies and has been a leader in the industry since 1969, offering a range of products for data acquisition and analysis.
AstroNova (NASDAQ: ALOT) announced the launch of four innovative products at PACK EXPO Connects 2020, enhancing its QuickLabel and TrojanLabel brands. Highlights include the TrojanLabel T2-C, a high-capacity label press; the QuickLabel QL-850, which integrates with tabletop finishers for on-demand die-cut labels; the QL-120D, a durable label printer for various environments; and the QL-120X, which supports barcode verification. Additionally, AstroNova introduced a new Product Identification website to streamline customer education and access to labeling solutions.
AstroNova, Inc. (NASDAQ: ALOT) announced the launch of new products at the PACK EXPO Connects 2020 tradeshow, aimed at improving product labeling processes. The innovative Print and Apply system for TrojanLabel is designed for high-performance labeling, addressing supply chain challenges by optimizing the labeling process closer to distribution. Additionally, AstroNova introduced the LF-100 and LF-200 Label Finishers, capable of die-cutting and laminating labels efficiently. The company emphasizes enhanced digital content to aid suppliers in making informed decisions.