Astronics Corporation Reports 2018 Second Quarter Financial Results

Astronics Corporation Reports 2018 Second Quarter Financial Results

6 years ago
Anonymous $oIHRkISgaL

https://www.businesswire.com/news/home/20180803005113/en/

EAST AURORA, N.Y.--(BUSINESS WIRE)--Aug 3, 2018--Astronics Corporation (NASDAQ: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and semiconductor industries, today reported financial results for the three and six months ended June 30, 2018. Results for the quarter and the first six months of 2018 include the results of Telefonix PDT, which was acquired on December 1, 2017 and Custom Control Concepts (“CCC”), which was acquired on April 3, 2017.

Peter J. Gundermann, President and Chief Executive Officer, commented, "We had record consolidated sales in the quarter of $208.6 million with both segments delivering solid results. Our Aerospace segment surpassed its previous quarterly sales record with the contribution of Telefonix, and our Test segment produced its best quarter in three years.”

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