Astronova Stock Price, News & Analysis

AstroNova, Inc. (NASDAQ: ALOT) announced its participation in PACK EXPO International, scheduled for October 23-26, 2022, in Chicago. The company will showcase new hardware and packaging innovations aimed at enhancing technology integration for customers. Key products include:

• LF-200: An all-in-one label finishing system.
• T3-OPX: A direct-to-package printer supporting sustainable materials.
• QL-E100: A user-friendly, full-color label printer for smaller businesses.

AstroNova continues to focus on delivering efficient, cost-effective solutions.

AstroNova (Nasdaq: ALOT) reports its Q2 FY 2023 results, highlighting bookings of $34.8 million and revenue of $32.3 million, an 8.1% increase year-over-year. Operating income stands at $1.2 million with a GAAP net income of $0.6 million or $0.08 per diluted share. Despite solid performance driven by the Test & Measurement segment, challenges such as supply chain disruptions and higher costs impacted financial outcomes. The company anticipates further growth from its recent acquisition of Astro Machine, enhancing its capabilities in the label business.

AstroNova, Inc. (Nasdaq: ALOT) will announce its second quarter fiscal 2023 financial results on September 7, 2022, before Nasdaq opens. The conference call will begin at 9:00 a.m. ET, featuring CEO Greg Woods and CFO David Smith. Those wishing to join can dial in 10 minutes prior to the start time. A replay of the call will be available for one week. AstroNova specializes in data visualization technologies, providing solutions for product identification and test and measurement, particularly in aerospace.

AstroNova, Inc. (NASDAQ: ALOT) has announced that President and CEO Gregory A. Woods will present at the Sidoti August Micro-Cap Virtual Conference on August 18, 2022, at 10:45 a.m. ET. The event will also feature one-on-one management meetings. A live webcast of the presentation and accompanying materials can be accessed at AstroNova's investor page, with a replay available for 90 days post-event. Established in 1969, AstroNova specializes in data visualization technologies across various sectors.

AstroNova (NASDAQ: ALOT) has acquired Astro Machine for $17.1 million, enhancing its engineering and manufacturing capabilities within the Product Identification sector. This acquisition adds significant expertise in inkjet printing and media handling, expected to boost earnings in the current fiscal year. Astro Machine will operate as a wholly owned subsidiary, and its President will continue leading the business. The transaction was financed through alterations in the company’s senior bank debt facilities.

AstroNova, Inc. (Nasdaq: ALOT) announced its participation in the 12th Annual East Coast IDEAS Investor Conference, scheduled for June 22-23, 2022. CEO Gregory A. Woods will present at the event, which will be available on demand starting at 6:00 am ET on June 22. Investors can access the presentation via the conference website or AstroNova's investor relations page. Founded in 1969, AstroNova specializes in data visualization technologies, offering solutions for product identification and test & measurement across various industries.

AstroNova (Nasdaq: ALOT) reported its fiscal 2023 Q1 results, showcasing revenue of $31.0 million, a 6.6% increase year-over-year. The Test & Measurement segment drove growth with a 55.3% revenue increase, while the Product Identification segment saw a 6.0% decline. Operating income was $0.8 million, up from $0.7 million, but net income fell to $0.4 million, or $0.06 per diluted share, down from $0.08. Bookings totaled $28.4 million, down from $32.8 million, but backlog increased slightly. The company aims to mitigate supply chain challenges with price adjustments.

AstroNova, Inc. (Nasdaq: ALOT) will report its first quarter fiscal 2023 financial results on June 8, 2022, before the Nasdaq opens. A conference call will be held at 9:00 a.m. ET, featuring CEO Greg Woods and CFO David Smith. Investors can join the call by dialing (888) 220-8451 for local participants or (773) 377-9070 internationally, with confirmation code 6015678. A replay will be available from 12:00 p.m. ET on June 8 until June 15. Visit the AstroNova Investors page for more information.

AstroNova, Inc. (Nasdaq: ALOT), a leader in data visualization technologies, announced that CEO Gregory A. Woods will present at the Sidoti Micro Cap Virtual Conference on May 11, 2022, starting at 10:45 a.m. ET. The presentation will be available via a live webcast on their investor website, with a replay accessible for 90 days post-event. AstroNova specializes in data acquisition and product identification solutions and is a member of the Russell Microcap® Index.