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AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, designs, manufactures, distributes, and services a broad range of products that acquire, store, analyze, and present data in multiple formats. Established in 1969, AstroNova has evolved into a key player in the industries it serves, offering innovative solutions across two core segments: Product Identification (PI) and Test & Measurement (T&M).
Product Identification (PI): This segment offers a comprehensive range of digital, end-to-end product marking and identification solutions. These include hardware, software, and supplies for OEMs, commercial printers, and brand owners. Notable brands within this segment include QuickLabel, which specializes in onsite digital color label printing, and TrojanLabel. The recent acquisition of MTEX NS has expanded AstroNova’s capabilities in packaging, textiles, and industrial printing solutions.
Test & Measurement (T&M): The T&M segment focuses on data acquisition, aerospace products, and networking hardware. AstroNova designs and manufactures flight deck printers, networking hardware, and related accessories serving the aerospace and defense industries. Their advanced airborne technology solutions are used in the cockpit, cabin, and beyond. The segment also includes data acquisition systems for research and development, flight testing, missile and rocket telemetry production monitoring, power, and maintenance applications.
Strategies and Achievements: AstroNova continues to adapt and expand its product offerings through strategic acquisitions and innovations. The company’s focus on operational excellence is evident in its fiscal performance. For instance, in the fourth quarter of fiscal 2023, AstroNova reported revenues of $39.9 million, a significant increase fueled by gains in both PI and T&M segments. The company also completed a strategic realignment designed to streamline operations and enhance profitability.
Financial Performance: As of the latest reports, AstroNova has made notable financial strides. For the first quarter of fiscal 2025, the company reported revenues of $33.0 million and a net income of $1.2 million. The adjusted EBITDA was $2.5 million, reflecting the company’s strong operational performance despite some challenges with supplier shortages and order push-outs.
Future Outlook: Looking ahead, AstroNova aims to achieve mid-single-digit organic revenue growth and adjusted EBITDA margins of 13% to 14% for fiscal year 2025. The company is well-positioned to capitalize on growth opportunities in both the PI and T&M segments, particularly with the integration of MTEX NS and the ongoing transition to the ToughWriter-branded aerospace printers.
AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). For more information, visit https://astronovainc.com/.
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
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.
AstroNova (NASDAQ: ALOT) reported mixed results for the fiscal fourth quarter and full year ended January 31, 2022. Fourth-quarter bookings reached $32.9 million with a backlog of $27.8 million. Revenue was $29.7 million, showing slight growth year-over-year. However, the company posted an operating loss of $0.2 million and a net loss of $0.8 million, or $0.10 per share. For the fiscal year, revenue was $117.5 million, with a net income of $6.4 million, or $0.88 per diluted share, boosted by CARES Act benefits. The company faces challenges from supply chain disruptions and rising costs.
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