Astronics posts transcript of Q1 2026 earnings conference call
Reuters2026/08/11 15:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Astronics’ Q1 2026 earnings call drew CEO Peter Gundermann, CFO Nancy Hedges, IR representative Deborah Pawlowski, CJS’ Jon Tanwanteng, Craig-Hallum’s Greg Palm, TD Cowen’s Gautam Khanna.
- Raised 2026 revenue guidance to USD 970 million-USD 1 billion, citing broad-based demand; Q2 sales outlook USD 245 million-USD 250 million.
- Q1 revenue USD 231 million; record bookings about USD 290 million drove record backlog of USD 734 million; adjusted EBITDA margin 16.4%.
- Tariff expense rose USD 1.7 million year over year; gross margin also benefited from a USD 2.8 million MV-75 cumulative catch-up adjustment.
- US Army radio test program seen contributing about USD 20 million in the second half; full-year run-rate estimated at USD 40 million-USD 50 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astronics Corporation published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.
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