Astronics sees Q4 revenue $208M-$210M

Two consensus estimates $194.91M. At the midpoint of this announced range, preliminary revenue was up 7.0% over the prior-year period and up 2.6% over the trailing third quarter. Full year preliminary unaudited revenue for 2024 was approximately $796M, up 15.5% over the prior year. Two consensus estimates $781.8M. Preliminary bookings in the quarter were $199M, bringing orders for the full year to approximately $811M. Peter J. Gundermann, Chairman, President and CEO, commented, “We ended the year on a strong note despite sluggish OEM production rates and the Boeing strike. We have achieved average annual revenue growth of over 20% the last three years and have finally returned to pre-Covid revenue levels. We expect 2025 will be another year of solid growth, though more modest, which will allow us to focus on expanding margins through the year and strengthening cash flow.”