Astronics posts transcript of Q1 2026 earnings conference call
Reuters2026/08/11 15:57- Astronics’ Q1 2026 earnings call drew CEO Peter Gundermann, CFO Nancy Hedges, IR representative Deborah Pawlowski, CJS’ Jon Tanwanteng, Craig-Hallum’s Greg Palm, TD Cowen’s Gautam Khanna.
- Raised 2026 revenue guidance to USD 970 million-USD 1 billion, citing broad-based demand; Q2 sales outlook USD 245 million-USD 250 million.
- Q1 revenue USD 231 million; record bookings about USD 290 million drove record backlog of USD 734 million; adjusted EBITDA margin 16.4%.
- Tariff expense rose USD 1.7 million year over year; gross margin also benefited from a USD 2.8 million MV-75 cumulative catch-up adjustment.
- US Army radio test program seen contributing about USD 20 million in the second half; full-year run-rate estimated at USD 40 million-USD 50 million.
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