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, Inc. (NASDAQ: ALOT) will announce its fiscal Q3 2022 financial results on December 8, 2021, before the Nasdaq opening. A conference call is scheduled for 9:00 a.m. ET, led by CEO Greg Woods and CFO David Smith. Participants can join via specific dial-in numbers and access a replay until December 15, 2021. AstroNova specializes in data visualization technologies and provides a wide array of products, including printing solutions for the aerospace sector. The company is part of the Russell Microcap and LD Micro Index.
AstroNova, Inc. (NASDAQ: ALOT) has announced that CEO Gregory A. Woods will present at two key investor conferences in November 2021. The first is the 13th Annual Southwest IDEAS Investor Conference on November 17, 2021, at 3:00 p.m. CT, with a live webcast available online. The second event is the Ladenburg Virtual Technology Expo on November 18, 2021, at 4:30 p.m. ET, which also requires registration for viewing. Archived replays of both presentations will be available for 90 days on the company's investor relations website.
AstroNova (NASDAQ: ALOT) reported robust financial results for Q2 FY 2022, with bookings of $30.6 million, an 18% year-over-year increase. Revenue rose 8% to $29.8 million, driven by strong performance in the Test & Measurement and Product Identification segments. GAAP net income reached $7.0 million, or $0.96 per diluted share, benefiting from $6.0 million in CARES Act support. The company anticipates ongoing growth, despite challenges from supply chain disruptions and COVID-19. Backlog stood at $24.3 million.
AstroNova, Inc. (NASDAQ: ALOT) will report its fiscal second-quarter 2022 financial results on September 14, 2021, before the Nasdaq opens. A conference call will be held at 9:00 a.m. ET, featuring CEO Greg Woods and CFO David Smith. To participate, call (800) 437-2398 for the U.S. or (929) 477-0577 internationally, with a confirmation code of 1881865. An audio webcast will be available through the company's investors' page. AstroNova specializes in data visualization technologies, with offerings in product identification and aerospace solutions.
AstroNova, Inc. (NASDAQ: ALOT) has achieved Tier 1 supplier status with Airbus for the A320 Family of aircraft, allowing direct supply of its flight deck printers. This milestone reinforces AstroNova's commitment to high-quality standards in engineering, manufacturing, and support. Previously, the company supplied these printers through third parties since 2017, following an exclusive license with Honeywell. AstroNova is also recognized by leading airframe manufacturers including Boeing and Lockheed, showcasing its strong position in aerospace technology.
AstroNova (NASDAQ: ALOT) has received certification from the Civil Aviation Administration of China (CAAC) for its West Warwick, R.I. repair station to conduct maintenance, repair, and overhaul services on flight deck printers for Chinese-registered aircraft. This certification enhances AstroNova's position in the global aerospace MRO market. Additionally, the company launched AstroNova Singapore Pte. Ltd. to strengthen its presence in the Asia-Pacific region, which is projected to be the largest aviation market in the next 20 years.
AstroNova, Inc. (NASDAQ: ALOT) reported Q1 FY 2022 financial results with total revenue of $29.1 million, down from $30.9 million the previous year. The Product Identification segment saw revenue growth to $23.1 million, while the Test & Measurement segment decreased to $6.0 million due to COVID-19 impacts. Net income rose to $0.6 million or $0.08 per share, compared to $0.4 million or $0.06 YOY. Bookings improved to $32.8 million, marking a positive trend. Adjusted EBITDA was $2.5 million (8.6% of revenue).
AstroNova, Inc. (NASDAQ: ALOT), a leader in data visualization technologies, announced that its President and CEO Gregory A. Woods and CFO David Smith will present at the East Coast IDEAS Investor Conference. The presentation will be available starting at 8:00 a.m. ET on June 16, 2021, via the company's 'Investors' section of their website. AstroNova specializes in designing and manufacturing products for data acquisition and analysis, with a focus on labeling and aerospace applications.
AstroNova, Inc. (NASDAQ: ALOT) will release its fiscal Q1 2022 financial results on June 10, 2021, before Nasdaq opens. A conference call hosted by CEO Greg Woods and CFO David Smith will occur at 9:00 a.m. ET. Participants can join by dialing (800) 367-2403 for U.S. and Canada or (334) 777-6978 for international callers, using confirmation code 8107119. A replay will be available from June 10-17, 2021. AstroNova specializes in data visualization technologies and offers products for labeling and aerospace applications.
AstroNova, Inc. (NASDAQ: ALOT) reported its fiscal fourth quarter and full-year results for 2021. The Product Identification segment achieved a robust growth of 13.2%, recording a segment operating profit margin of 14.3%. However, the Test & Measurement segment faced challenges due to the COVID-19 pandemic and the Boeing 737 MAX grounding, with revenues declining to $6.1 million. Despite a $17.4 million decrease in aerospace-related revenue, AstroNova maintained its operating profit consistent with the previous year and expanded its international market presence. A new credit agreement was established, improving liquidity and growth opportunities.