Astronova Stock Price, News & Analysis

AstroNova (Nasdaq: ALOT) has announced several key developments ahead of its April earnings release. The data visualization technology company has secured a waiver and amendment to its credit agreement with Bank of America, providing relaxed financial covenants for fiscal 2026 and allowing for $2 million in restructuring-related add-backs.

Preliminary Q4 FY2025 results show revenues of $37.4 million, down from $39.6 million year-over-year, primarily due to lower Trojan Label printer sales and timing of defense orders. The company expects to record a $13.4 million non-cash goodwill impairment charge related to its Product Identification segment.

AstroNova has implemented a restructuring plan targeting $3 million in annual cost savings, including a 10% reduction in global workforce and realignment of its MTEX operations. For FY2026, the company projects revenues of $160-165 million with an Adjusted EBITDA margin of 8.5-9.5%. Strategic initiatives include advancing print engine technology, increasing consumables ownership, and streamlining product lines.

AstroNova (ALOT) reported disappointing Q3 FY2025 results with net revenue of $40.4 million, up 7.7% year-over-year. The company faced significant challenges, particularly with the MTEX NS integration in its Product Identification segment, which posted an operating loss of $1.1 million on revenue of $1.7 million.

GAAP net income was $0.2 million ($0.03 per diluted share), down from $2.7 million ($0.37 per diluted share) in Q3 FY2024. Gross margin declined to 33.9% from 39.4% year-over-year. The Test & Measurement segment showed strength with revenue of $14.1 million, while Product Identification revenue slightly decreased to $26.3 million.

Due to integration challenges, AstroNova has withdrawn its financial guidance for fiscal 2025 and 2026, with full integration expected to continue through mid-2025.

AstroNova (Nasdaq: ALOT), a global leader in data visualization technologies, has announced its participation in the 16th Annual Southwest IDEAS Investor Conference. President and CEO Greg Woods will deliver a presentation at 10:45 a.m. CT on Thursday, November 21. Additionally, Woods and CFO Thomas DeByle will conduct one-on-one meetings with investors during the conference.

The presentation will be available via live webcast and archived replay through AstroNova's investor relations website and the conference platform at threepartadvisors.com/southwest.

AstroNova (Nasdaq: ALOT), a global leader in data visualization technologies, announced it will release its third-quarter fiscal 2025 financial results before Nasdaq's opening on Thursday, December 12, 2024. The company will host a conference call at 9:00 a.m. ET, led by President and CEO Greg Woods and CFO Tom DeByle. Investors can access the call via phone using the numbers (833) 470-1428 (U.S./Canada) or (404) 975-4839 (International) with access code 891769, or through the company's investor relations website.

AstroNova (NASDAQ: ALOT) reported its fiscal 2025 Q2 results, showing revenue growth of 14.1% year-over-year to $40.5 million. The company saw improvements in both its Product Identification (PI) and Test & Measurement (T&M) segments. Gross margin increased to 35.3%, up 800 basis points from the previous year. However, the company reported a net loss of $(0.04) per share, compared to $(0.22) in Q2 FY2024. Non-GAAP diluted EPS was $0.08.

The company's recent acquisition of MTEX NS is still in the integration phase, contributing $0.8 million in revenue but an operating loss of $1.4 million. AstroNova expects MTEX to meet its target revenue contribution of $8-10 million for FY2025. The company has revised its FY2025 Adjusted EBITDA margin estimate to 9-10% due to the MTEX integration.

AstroNova, Inc. (Nasdaq: ALOT), a global leader in data visualization technologies, will report its second-quarter fiscal 2025 financial results on Monday, September 16, 2024, before the Nasdaq opens. The company will host a conference call at 9:30 a.m. ET, led by CEO Greg Woods and CFO Tom DeByle. Investors can access the call by dialing (833) 470-1428 (U.S. and Canada) or (404) 975-4839 (International) with access code 381674. A live and archived webcast will be available on the company's investor relations website.

AstroNova specializes in product identification and test and measurement solutions, serving various industries including aerospace, OEMs, commercial printers, and brand owners. The company is part of the Russell Microcap® Index and the LD Micro Index.

AstroNova, Inc. (Nasdaq: ALOT), a global leader in data visualization technologies, has announced its participation in two upcoming investor conferences. Gregory A. Woods, the company's President and CEO, will present at the Sidoti August Virtual Micro Cap Conference on August 14 at 11:30 a.m. ET and the 15th Annual Midwest IDEAS Conference on August 28 at 4:30 p.m. ET.

Woods and Thomas DeByle, AstroNova's new VP, CFO, and Treasurer, will host one-on-one meetings with investors at these events. Interested parties can access live webcasts and archived replays of the presentations through the 'Events & Presentations' section of AstroNova's investor relations website at investors.astronovainc.com.

AstroNova (Nasdaq: ALOT) announced the appointment of Thomas DeByle as the new Chief Financial Officer, replacing the retiring David S. Smith. DeByle, noted for his financial strategy and international expansion expertise, brings over 25 years of senior leadership experience from companies like NN, Standex International, and Plastic Industries. CEO Greg Woods emphasized DeByle's ability to enhance growth following the recent MTEX acquisition. Smith, who served over six years, significantly contributed to AstroNova's operational improvement and will now pursue part-time advisory roles. DeByle holds an MBA from Marquette University and a BBA in Accounting from St. Norbert College.

AstroNova (Nasdaq: ALOT) reported its fiscal 2025 first quarter results, highlighting $33.0 million in revenue, $1.3 million in operating income, and $1.2 million in net income, with earnings per diluted share at $0.15 and adjusted EBITDA at $2.5 million. The company faced supplier shortages and order delays but expects these issues to be resolved in the current fiscal year. The transition to newer ToughWriter printers is progressing, anticipated to lower costs and improve efficiency. A $4.5 million order push-out impacted the Product Identification segment. The recent MTEX NS acquisition bolsters AstroNova's position in the color digital printing market. The company forecasts mid-single-digit organic revenue growth and adjusted EBITDA margins of 13%-14% for the full fiscal year 2025.

Financial highlights include a 7% YoY decrease in revenue and a 3% drop in gross profit. However, net income rose 39% to $1.2 million. Segment results show a decline in hardware revenue but an increase in service revenue. Backlog reduced to $31.6 million from $38.7 million YoY. Operating profit margins improved in the Product Identification segment but declined in the Test & Measurement segment. An earnings conference call is scheduled for discussion.