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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) 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.
AstroNova, Inc. (NASDAQ: ALOT) will release its fiscal Q4 and full-year 2021 financial results on March 25, 2021, prior to the Nasdaq opening. A conference call hosted by CEO Greg Woods and CFO David Smith will take place at 9:00 a.m. ET. Investors can access the call by dialing (800) 367-2403 or (334) 777-6978.
AstroNova specializes in data visualization technologies, offering products in labeling and aerospace sectors. The company is part of the Russell Microcap® Index and the LD Micro Index.
AstroNova, Inc. (NASDAQ: ALOT) has announced that Gregory A. Woods, President and CEO, along with David S. Smith, Vice President and CFO, will present at the 23rd Annual Needham Virtual Growth Conference on January 14, 2021, at 11:30 a.m. (ET). A live audio webcast of the presentation can be accessed at this link and on the company’s website. A replay will be available for 90 days. AstroNova is a leader in data visualization technologies, providing solutions in both Product Identification and Test and Measurement segments.
AstroNova, Inc. (NASDAQ: ALOT) will present at the 13th Annual LD Micro Main Event Investor Conference on December 15, 2020, at 9:00 a.m. ET. CEO Gregory A. Woods and CFO David S. Smith will lead the presentation, which will feature a ten-minute presentation followed by a Q&A segment. Investors can access the live webcast at this link and it will also be archived for 90 days. AstroNova specializes in data visualization technologies, offering innovative solutions in product identification and test measurement sectors.
AstroNova, Inc. (NASDAQ: ALOT) reported Q3 FY 2021 revenue of $28.0 million, down from $33.3 million year-over-year. The Product Identification segment saw revenue grow to $22.9 million, driven by strong demand for the TrojanLabel and QuickLabel products, while the Test & Measurement segment fell to $5.1 million due to Boeing 737 MAX grounding and COVID-19 impacts. Gross profit decreased to $9.7 million (34.7% of revenue) and operating income was flat at $0.4 million. Net income was $12,000, or $0.00 EPS. Backlog rose to $23.2 million from $20.8 million a year earlier.
AstroNova, Inc. (NASDAQ: ALOT) has announced its plan to release third-quarter fiscal 2021 financial results before the Nasdaq opens on December 7, 2020. The company will host a conference call at 9:00 a.m. ET, led by CEO Greg Woods and CFO David Smith. Participants can dial in starting at 8:50 a.m. ET. A replay of the call will be available from December 7 to December 14, 2020. The company continues its leadership in data visualization technologies, serving multiple industries with its diverse product offerings.
AstroNova, Inc. (NASDAQ: ALOT) announced that CEO Gregory A. Woods and CFO David S. Smith will present at the Sidoti Virtual Microcap Conference 2020. The presentation is scheduled for 11:30 a.m. ET on November 19, 2020. A live webcast will be accessible via AstroNova's Investors section and can also be viewed at this link. AstroNova specializes in data visualization technologies and has been a leader in the industry since 1969, offering a range of products for data acquisition and analysis.
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