Astronics Reports Strong Q1 2025 with Record Aerospace Sales

Astronics ( (ATRO) ) has released its Q1 earnings. Here is a breakdown of the information Astronics presented to its investors.

Astronics Corporation is a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, known for its innovative solutions in power, connectivity, lighting, structures, interiors, and test technologies.

In its first quarter of 2025, Astronics Corporation reported a robust financial performance with a notable 11.3% increase in sales, reaching $205.9 million. The company’s net income rose to $9.5 million, or $0.26 per diluted share, driven primarily by record sales in its Aerospace segment.

Key highlights from the earnings report include a 17% growth in Aerospace segment sales, achieving a record $191.4 million, and a significant increase in adjusted EBITDA by 74.4% to $30.7 million. The company also reported record bookings of $279.7 million and a backlog of $673.0 million, indicating strong demand and future revenue potential. However, the Test Systems segment faced a decline in sales, attributed to revised cost estimates on a long-term contract.

Looking ahead, Astronics maintains its 2025 revenue guidance between $820 million and $860 million, reflecting confidence in continued growth despite potential macroeconomic risks. The company is focused on optimizing its performance through strategic reviews and is well-prepared to navigate the evolving market landscape.