The earnings call highlighted the introduction of a new CEO and strategic initiatives aimed at improving efficiency and cost management. However, significant challenges remain, including a decline in revenue and operating income across key segments, customer attrition, and a net loss for the quarter. While there are positive developments, such as the transition to new aerospace products and debt reduction efforts, the overall sentiment reflects a need for further improvements and stabilization.
Company Guidance
During the call, AstroNova provided guidance focusing on several metrics and strategic initiatives for the second half of fiscal year 2026. The company reported a decline in second-quarter revenue to $36.1 million, a 10.9% year-over-year decrease, with the aerospace and product ID segments showing declines of 15.1% and 8.9%, respectively. Despite these challenges, 70% of the quarter's revenue was recurring. The company aims to improve its customer retention rate and adapt its sales strategy for new higher-value printers, which is expected to drive sales over the next several quarters. The restructuring of the sales team into customer acquisition and retention teams is a key priority. Gross profit for the second quarter was $11.6 million, representing 32.9% of sales for the first half of the fiscal year. The company expects aerospace gross margins to improve due to the launch of the ToughRider 640, contributing to a target of over 80% for this product in future shipments. Additionally, AstroNova plans to achieve $3 million in annualized cost reductions, with full benefits expected in the second half of the fiscal year, while also managing a leverage ratio of 3.5 times funded debt to adjusted EBITDA. The company is focused on generating cash, paying down debt, and restructuring its debt within 60 days, with total liquidity reported at $10.4 million.
Introduction of New CEO
Yorek Itmann appointed as President and CEO, bringing new leadership and direction to AstroNova, with a focus on market position in aerospace and commercial print technologies.
Aerospace Segment Developments
Transition to ToughRider flight deck printers, with ToughRider representing 50% of second-quarter shipments and on track to reach 80%.
Cost Management Initiatives
AstroNova has implemented $3 million in annualized cost reductions to improve profitability.
Debt Management
Paid down $5.1 million in debt in the first half of the year, with a leverage ratio of 3.5 times.
AstroNova (ALOT) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ALOT Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 09, 2025
$11.50
$10.15
-11.74%
Jun 05, 2025
$9.11
$9.38
+2.96%
Apr 14, 2025
$8.53
$8.10
-5.04%
Dec 12, 2024
$15.75
$15.01
-4.70%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AstroNova (ALOT) report earnings?
AstroNova (ALOT) is schdueled to report earning on Dec 03, 2025, Before Open (Confirmed).
What is AstroNova (ALOT) earnings time?
AstroNova (ALOT) earnings time is at Dec 03, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.