Trade Astronics Corp - ATRO CFD

Astronics Company profile

About Astronics Corporation

Astronics Corporation is a provider of technologies to the global aerospace, defense and other mission-critical industries. The Company's products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification, aircraft structures and automated test systems. The company operates through two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and motion systems, aircraft structures, avionics products, systems certification and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries, as well as training and simulation devices for both commercial and military applications.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Astronics Corporation revenues decreased 11% to $444.9M. Net loss decreased 78% to $25.6M. Revenues reflect Aerospace segment decrease of 13% to $365.2M, Test Systems segment decrease of 6% to $79.7M, United States segment decrease of 7% to $350.4M, Asia segment decrease of 27% to $62.1M, Europe segment decrease of 24% to $21.1M.

Equity composition

. in Treas. @ $2.3M. Insiders own 11.45%,Cl.B Com. $.01 Par, 5M auth., 3,194,229 issd.Insiders own 48.80%. 10/08, 1-for-4stock split (class B only). 08/11,10% stock dividend or class B stock. 10/13, 6-for-5 Stock split. 09/14, 6-for-5 Stock split Cls.B 10/15, 3-for-20 stock dividend. 10/15, 15% stock dividend(Class B)