Quarterly ResultJun 8, 2026, 03:11 PM
AstroNova Reports Q1 Profitability Turnaround, Revenue Up to $39.36M
AI Summary
AstroNova, Inc. reported its first-quarter financial results for the period ending April 30, 2026. The company saw a notable increase in revenue to $39.36 million, up from $37.71 million in the prior year. A significant turnaround was observed in profitability, with net income reaching $0.65 million compared to a net loss of $0.38 million in the same period last year. This resulted in positive basic and diluted earnings per share of $0.09 and $0.08, respectively. The balance sheet shows growth in total assets to $139.86 million, while shareholders' equity also saw a modest increase to $77.52 million.
Key Highlights
- AstroNova reported revenue of $39.36 million for the three months ended April 30, 2026, an increase from $37.71 million in the prior year period.
- Net income for the period was $0.65 million, a significant improvement from a net loss of $0.38 million in the same period last year.
- Basic earnings per share (EPS) was $0.09, compared to a loss of $0.05 per share in the prior year.
- Diluted EPS was $0.08 for the period, compared to a loss of $0.05 per share in the prior year.
- Total assets increased to $139.86 million as of April 30, 2026, from $137.57 million as of January 31, 2026.
- Total liabilities were $62.33 million as of April 30, 2026, up from $60.70 million as of January 31, 2026.
- Shareholders' equity stood at $77.52 million as of April 30, 2026, compared to $76.86 million as of January 31, 2026.
- Cash provided by operating activities was $3.02 million for the three months ended April 30, 2026.
Price Impact
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