FY25 revenue consensus $844.81M. CEO Gundermann commented, “The first half of 2025 was very positive for our Company and we believe activity will accelerate as we move into the second half of the year. The production phase of our Radio Test Program for the U.S. Army may slide into early 2026, but our aerospace business is accelerating more than enough to compensate. We are raising our 2025 revenue guidance accordingly by $10 million at the mid-point. Our business continues to strengthen, including the efficiency of our work force and the dependability of our supply chain, and we have a near-record backlog. The signs are positive as we work toward the end of the year.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATRO:
- ATRO Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- ‘Cleared for Takeoff’: Truist Suggests 2 Aerospace Stocks to Buy Ahead of Earnings
- Truist upgrades Astronics to Buy on ramping MAX production
- Astronics upgraded to Buy from Hold at Truist
- Astronics price target raised to $32 from $24 at Truist