AstroNova, Inc. Reports Earnings Results for the First Quarter Ended April 27, 2024
June 06, 2024 at 09:31 pm IST
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AstroNova, Inc. reported earnings results for the first quarter ended April 27, 2024. For the first quarter, the company reported sales was USD 32.96 million compared to USD 35.42 million a year ago. Net income was USD 1.18 million compared to USD 0.848 million a year ago.
Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.11 a year ago.
AstroNova, Inc. designs, manufactures, distributes, and services a range of products that acquire, store, analyze, and present data in multiple formats. The Company operates through two segments: Product Identification (PI) and Test & Measurement (T&M). The PI segment provides an array of digital, end-to-end product marking and identification solutions, including hardware, software, and supplies for original equipment manufacturers (OEMs), commercial printers, and brand owners. The T&M segment provides products designed for airborne printing solutions, avionics, and data acquisition. Its aerospace products include flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies. Its data acquisition systems are used in research and development, flight testing, missile and rocket telemetry production monitoring, power, and maintenance applications. The Company also offers advanced digital solutions for textiles, packaging, and labeling.
ASTRONOVA, INC. 
