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Astronics reported preliminary Q2 revenue $170M-$175M
The Fly

Astronics reported preliminary Q2 revenue $170M-$175M

Astronics announced that preliminary orders for the second quarter of 2023 are approximately $200M-$205M. Included in orders was a $9.6M production order for the Handheld Radio Test Sets Program for the U.S. Marine Corps related to the $40M IDIQ contract previously announced on April 6, 2023. The Company also announced that unaudited preliminary results suggest revenue for the second quarter to be in the range of $170M-$175M. This is at the upper end of its previous guidance range of $165M- $175M which was provided on May 9, 2023.

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