Astronics Co.

Astronics expects 2026 revenue of $1.02–1.04 billion and reported record Q2 figures: revenue $260 million, order intake $306 million and backlog $781 million. Adjusted EBITDA margin rose to 19.8% (vs. 12.4% a year earlier) and free cash flow improved significantly while debt declined. Growth drivers are IFEC power systems, seat-motion systems, flight-critical power and test systems, supported by defense contracts and retrofit demand. Risks remain in executing capacity expansions, product transitions and converting the record backlog into cash and profit. » Altro su de.investing.com

In Q2, Astronics' revenue rose 27% year over year to USD 259.96 million, and net income climbed to USD 35.06 million. The gains were driven by strong orders for passenger systems and cabin electronics, sending the order backlog to a record level. The stock jumped about 17% after the figures and triggered a pivotal point. » Altro su finanzen.net

Astronics shares rose to a record high of $92.78 after the stock gained 208% over the past 12 months and 94% year-to-date. In the second quarter the company beat expectations with adjusted EPS of $0.70 and revenue of $260.0 million (consensus $245.82 million), up 27% year-on-year. Astronics raised its revenue guidance for fiscal 2026 to $1.02–1.04 billion (midpoint $1.03 billion) and expects Q3 revenue of $265–275 million. The stock trades at a P/E of 50.91 and, according to InvestingPro, appears overvalued relative to its fair-value estimate. » Altro su de.investing.com