Double-Digit Growth
AstroNova delivered double-digit growth in both segments, increasing consolidated adjusted operating income by 13.5% year over year.
Successful Product Launches
Launched three next-generation product identification solutions ahead of schedule, including QL425, QL435, and AJ800, expanding product portfolio and achieving early interest and orders.
Significant Contract Wins
Secured a renewed $10 million multiyear contract for ToughWriter products, with expected revenue of $1.7 million this fiscal year.
Revenue Increase
First-quarter revenue of $37.7 million grew 14.4% year over year, driven by increased product identification sales and aerospace shipments.
Cost Reduction Achievements
Accelerated a $3 million annualized cost reduction plan, completing $1.9 million in cost-saving actions in the first quarter.