Astronics sees Q3 revenue $131M, consensus $144.74M

Astronics’ preliminary revenue in the quarter was approximately $131M, up 18% compared with the prior-year period and up 2% over the trailing second quarter. Preliminary revenue was below earlier expectations due to a combination of supply chain constraints and program reschedules by customers. Approximately $112M of preliminary revenue was from the Aerospace segment and $19M from the Test segment.