Astronics (ATRO) in Pivotal Point Check: Record Order Backlog of 780 Million USD Drives Annual Forecast Above 1 Billion USD for the First Time!
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Record revenue in Q2: A revenue growth of 27% to 260 million USD clearly exceeded market expectations. Breaking the billion-dollar barrier: The management raised the annual forecast to 1.02 to 1.04 billion USD. Historic order backlog: A backlog of over 780 million USD ensures high utilization and well-planned revenues for the upcoming quarters. Astronics is a leading technology and equipment supplier for the global aviation, defense, and critical infrastructure industries. The company caused excitement in the markets on Tuesday, August...
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