Astronics Corporation Stock News

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Presentation at the Sidoti Small Cap Conference.

Astronics Corporation's $150 million convertible note offering led to a 15% stock price drop, reflecting shareholder concerns about potential dilution and future cash flow generation. The proceeds will repay a term loan maturing in 2027 and part of an upsized revolving credit facility, pushing debt maturity to 2030. The market's reaction suggests skepticism about Astronics' growth prospects and...

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Announces Pricing of $150 Million Convertible Senior Notes Offering.

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Announces $150 Million Convertible Senior Notes Offering.

Astronics' stock has underperformed, with a 10% decline since my strong buy rating, despite improved earnings and operational metrics in the third quarter. Third-quarter sales grew 25%, driven by the Aerospace and Test Systems segments, with significant margin improvements despite non-recurring costs. Risks include Boeing production delays and litigation with Lufthansa Technik, but long-term de...

Astronics Corporation (NASDAQ:ATRO ) Q3 2024 Earnings Conference Call November 6, 2024 4:45 AM ET Company Participants Craig Mychajluk - Investor Relations Peter Gundermann - Chairman, President and Chief Executive Officer David Burney - Executive Vice President and Chief Financial Officer Nancy Hedges - Corporate Controller and Principal Accounting Officer Conference Call Participants Jonathan...

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 25% Growth in Sales in 2024 Third Quarter.

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Third Quarter 2024 Financial Results Conference Call and Webcast.