Quarterly ResultJun 8, 2026, 07:16 AM
AstroNova Q1 Revenue Up 4.4% to $39.4M; Net Income Turns Positive
AI Summary
AstroNova, Inc. announced its financial results for the first quarter of fiscal year 2027, reporting a 4.4% increase in sales to $39.4 million, primarily driven by a 16.3% growth in its Aerospace segment. The company saw a significant improvement in profitability, with operating profit growing to $1.6 million and net income turning positive at $0.7 million ($0.08 per diluted share) compared to a loss in the prior year. Total orders also saw a substantial increase of 32.6%, indicating strong future demand.
Key Highlights
- AstroNova reported Q1 FY2027 revenue of $39.4 million, a 4.4% increase year-over-year.
- Aerospace segment revenue grew 16.3% to $13.3 million, driven by higher hardware volume and favorable product mix.
- Product Identification segment revenue was $26.1 million, a slight decrease of 0.8% year-over-year.
- Consolidated operating profit increased to $1.6 million, with operating margin expanding to 4.0%.
- Net income was $0.7 million, or $0.08 per diluted share, compared to a net loss in the prior year.
- Total orders increased 32.6% to $46.3 million, resulting in a book-to-bill ratio of 118%.
Price Impact
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