Astronics Stock Price, News & Analysis

Astronics Corporation (Nasdaq: ATRO) has announced the pricing of $210.0 million of 0% convertible senior notes due 2031 in a private offering. The Notes, maturing on January 15, 2031, will have an initial conversion rate of 18.2243 shares per $1,000 principal amount, equivalent to a conversion price of approximately $54.8718 per share, representing a 25% premium over the reference price.

The company plans to use approximately $177.0 million of the proceeds, along with $108.8 million from its ABL Revolving Credit Facility, to repurchase about $132.0 million of its outstanding 5.500% 2030 notes. Additionally, $25.1 million will be used to enter into capped call transactions designed to reduce potential dilution up to a 90% premium above the reference price.

Astronics Corporation (Nasdaq: ATRO) has announced plans to offer $210.0 million in convertible senior notes due 2031 through a private offering to qualified institutional buyers. The company will also grant initial purchasers an option for an additional $15.0 million in notes.

The notes will be senior unsecured obligations maturing on January 15, 2031. Astronics plans to use the proceeds to partially refinance its outstanding 2030 notes and implement capped call transactions to minimize potential share dilution. The capped calls are designed to offset dilution until at least a 90% premium to the volume-weighted average price of Astronics' common stock.

Astronics Corporation (Nasdaq: ATRO), a provider of advanced technologies for aerospace, defense, and mission-critical industries, has announced its participation in the upcoming Jefferies Industrials Conference. Chairman, President and CEO Peter J. Gundermann and CFO Nancy L. Hedges will present on September 3, 2025, at 2:50 p.m. ET at The Westin New York at Times Square.

The presentation will be accessible via live webcast on the company's website, with materials and replay available in the Investors section afterward.

Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies for aerospace, defense, and mission-critical industries, has announced its participation in the upcoming Midwest IDEAS Conference. Chairman, President and CEO Peter J. Gundermann and CFO Nancy L. Hedges will present at the conference on August 27, 2025, at 1:20 p.m. Central Time at The InterContinental in Chicago.

The presentation will be accessible via live webcast on the company's website, with materials and replay available in the Investors section afterward.

Astronics Corporation (Nasdaq: ATRO) reported Q2 2025 results with record Aerospace segment sales of $193.6 million, driving total revenue up 3.3% to $204.7 million. The company posted net income of $1.3 million, or $0.04 per diluted share, with adjusted EBITDA of $25.4 million (12.4% of sales).

The Aerospace segment achieved a 9.4% growth with 16.3% adjusted operating margin, while Test Systems faced challenges with a $6.9 million impact from cost estimate revisions. Bookings reached $177.0 million with a solid backlog of $645.4 million. The company raised its 2025 revenue guidance to $840-860 million.

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for aerospace, defense, and mission critical industries, has scheduled its Second Quarter 2025 earnings conference call for Wednesday, August 6, 2025 at 4:45 p.m. ET.

The company will release its Q2 2025 financial results after market close on the same day. The conference call will include a review of financial results, operating performance, corporate strategies, and outlook, followed by a Q&A session. A replay will be available until August 20, 2025, and a transcript will be posted on the company's website.

Astronics Corporation (Nasdaq: ATRO) has acquired Envoy Aerospace, an FAA Organization Designation Authorization (ODA) services provider, for $8 million. The strategic acquisition brings nine Envoy employees to Astronics and enhances the company's capabilities in aircraft connectivity certification services.

The acquisition provides Astronics with dedicated access to ODA services for obtaining FAA Supplemental Type Certificates (STCs) and Parts Manufacturer Approvals (PMAs), positioning the company to capitalize on growing demand for aircraft modifications, connectivity upgrades, and cabin reconfigurations. Envoy Aerospace, which has collaborated with Astronics for over 20years, specializes in aircraft and rotorcraft type certification solutions.

Astronics Corporation (ATRO) reported strong Q1 2025 financial results with revenue increasing 11.3% to $205.9 million. The company achieved net income of $9.5 million ($0.26 per diluted share) and adjusted EBITDA of $30.7 million. The Aerospace segment drove growth with record sales of $191.4 million, up 17%. The quarter saw record bookings of $279.7 million and a record backlog of $673.0 million.

Commercial Transport and Military Aircraft markets showed significant strength, with Military Aircraft sales increasing 94.8% to $33.3 million. The company maintained its 2025 revenue guidance of $820-860 million. Operating efficiency improvements led to gross margin expansion to 29.5%. Cash flow from operations was strong at $20.6 million, and the company reduced its net debt to $134.2 million.

The company faces potential tariff impacts of $10-20 million annually but plans mitigation strategies including pricing adjustments and supply chain restructuring.

Astronics (ATRO) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close. The company will host a conference call and webcast at 4:45 p.m. Eastern Time to discuss financial results, operating performance, corporate strategies, and outlook.

The event will include a question-and-answer session. Investors can access the call via phone at (201) 493-6784 or through the webcast at investors.astronics.com. A replay will be available until May 20, 2025, by dialing (412) 317-6671 with pin 13752651. The webcast replay and transcript will be posted in the investor relations section of the company's website.