Astronics Corporation reported robust third-quarter results with revenue reaching $211.4 million, reflecting strong demand and operational efficiencies. The company also marked significant improvements in margins and completed strategic acquisitions that enhance its competitive position.

• Revenue of $211.4 million represents the second highest quarterly level in company history, driven by broad-based demand and supply chain efficiency.
• Operating margin improved to 10.9%, up from 4.1% a year ago, with Aerospace segment margins exceeding 16%.
• Total bookings of $210 million resulted in a stable book-to-bill ratio of 1.0, with a solid backlog of $647 million.
• Completed acquisitions of Envoy Aerospace and Bühler Motor Aviation are expected to enhance capabilities and generate additional revenues in 2026.
• Successful refinancing actions notably reduced the cost of debt and potential future dilution, improving overall financial flexibility.