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ASTRONICS CORP B 8-K Filings

ATROB OTC

Every 8-K that ASTRONICS CORP B (ATROB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow ATROB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ATROB filings page.

Rhea-AI Summary

Astronics Corporation reported a very strong second quarter of 2026, with sales up 27.0% to $260.0 million and record operating income of $40.5 million, a 15.6% margin. Net income jumped to $35.1 million or $0.75 per diluted share, compared with $1.3 million or $0.03 a year earlier. Adjusted EBITDA reached $51.5 million, a margin of 19.8%.

The Aerospace segment drove results with record sales of $237.3 million, up 22.6%, and a 20.3% operating margin; General Aviation and Seat Motion posted especially strong growth. Test Systems sales more than doubled to $22.7 million, returning to a modest operating profit despite mix and under-absorption headwinds and some revenue recognized at no margin.

Bookings were a quarterly record at $306.2 million, producing a 1.18 book-to-bill and lifting total backlog to a record $780.6 million, with Aerospace backlog at $657.2 million. Year-to-date cash from operations was $40.7 million, long-term debt declined to $310.3 million, and available liquidity was $253.2 million. Management raised its 2026 revenue outlook to $1.02 billion–$1.04 billion and targets another quarterly sales record in the third quarter.

Rhea-AI Summary

Astronics Corporation announced a 20% stock distribution of Class B Stock to holders of both its Common and Class B shares. Shareholders will receive one Class B share for every five shares of Common and Class B Stock held on the record date of June 15, 2026, with distribution expected on or about June 29, 2026. Fractional entitlements will be settled in cash.

After the distribution, Astronics expects approximately 32.1 million Common shares and 10.9 million Class B shares to be outstanding. Class B Stock carries ten votes per share versus one vote for Common Stock, but each Class B share has the same economic value as one Common share and is convertible at any time, without cost, into Common Stock, which is tradable on Nasdaq.

Rhea-AI Summary

Astronics Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 28, 2026. Shareholders elected all director nominees, with support levels generally in the tens of millions of votes cast for each candidate alongside broker non-votes.

Investors also ratified Ernst & Young LLP as independent registered public accounting firm for fiscal 2026, approved on a non-binding basis the compensation of named executive officers, and adopted both the 2026 Long Term Incentive Plan and the 2026 Employee Stock Purchase Plan.

Rhea-AI Summary

Astronics Corporation delivered a strong turnaround in 2025, capped by a record fourth quarter. Fourth quarter sales rose 15.1% to $240.1 million, driven by record Aerospace revenue of $219.6 million, and net income reached $29.6 million, or $0.78 per diluted share, versus a prior-year loss.

For 2025, sales grew to $862.1 million from $795.4 million and net income improved to $29.4 million from a $16.2 million loss. Adjusted EBITDA for the year increased to $134.5 million with margin expanding to 15.6%. The company ended 2025 with a record backlog of $674.5 million and generated $74.8 million of cash from operations.

Astronics maintained its 2026 revenue outlook of $950 million to $990 million, implying about 13% growth at the midpoint, supported by strong Aerospace demand, the Bühler Motor Aviation acquisition, and expectations for improved profitability as Test Systems volume ramps.

Rhea-AI Summary

Astronics Corporation filed a current report to note that on February 5, 2026 it issued a news release announcing preliminary unaudited adjusted EBITDA margins for the fourth quarter and full year of 2025. The company also highlighted plans to webcast its presentations at the TD Cowen Aerospace & Defense Conference.

Rhea-AI Summary

Astronics Corporation issued senior unsecured notes that produced approximately $216.7 million of net proceeds. The company used about $26.9 million to pay for capped call transactions and, together with $85.0 million of borrowings under its ABL Revolving Credit Facility and $11.0 million of cash on hand, repurchased approximately $132.0 million principal amount of its 5.500% Convertible Senior Notes due 2030. The new Notes, issued under an indenture, mature on January 15, 2031, bear no regular interest and do not accrete. Conversion rights are limited prior to October 15, 2030, and on conversion the company may settle with cash and/or shares subject to the terms. The company entered into capped call transactions with option counterparties to reduce potential dilution, with an initial cap price near $83.4051 per share. The Indenture includes customary Events of Default, repurchase rights on Fundamental Change, and specified redemption windows.