AstroNova Inc
NASDAQ:ALOT
AstroNova Inc
AstroNova, Inc. engages in the design, development, manufacture, and distribution of specialty printers and data acquisition and analysis systems. The company is headquartered in West Warwick, Rhode Island and currently employs 339 full-time employees. The firm's Product Identification (PI) segment offers a range of digital color label tabletop printers, high-volume presses and specialty original equipment manufacturer (OEM) printing systems, as well as a range of label, tag and packaging material substrates and other supplies, including ink and toner, that allow customers to mark, track, protect and enhance the appearance of their products. Its Test & Measurement (T&M) segment offers a suite of products and services that acquire data from local and networked data streams and sensors as well as wired and wireless networks. This segment includes a line of aerospace printers used to print hard copies of data required for the operation of aircraft. Its products are distributed around the world through its own sales force, authorized dealers, and through independent dealers and representatives.
AstroNova, Inc. engages in the design, development, manufacture, and distribution of specialty printers and data acquisition and analysis systems. The company is headquartered in West Warwick, Rhode Island and currently employs 339 full-time employees. The firm's Product Identification (PI) segment offers a range of digital color label tabletop printers, high-volume presses and specialty original equipment manufacturer (OEM) printing systems, as well as a range of label, tag and packaging material substrates and other supplies, including ink and toner, that allow customers to mark, track, protect and enhance the appearance of their products. Its Test & Measurement (T&M) segment offers a suite of products and services that acquire data from local and networked data streams and sensors as well as wired and wireless networks. This segment includes a line of aerospace printers used to print hard copies of data required for the operation of aircraft. Its products are distributed around the world through its own sales force, authorized dealers, and through independent dealers and representatives.
Margin Improvement: Gross margin expanded by 240 basis points year-over-year and 100 basis points sequentially, despite lower revenue.
Profitability: Net income was $0.4 million and adjusted EBITDA rose 29% to $4.2 million, with a 10.7% EBITDA margin.
Cost Reductions: $3 million in annualized cost savings are now fully implemented and visible in results.
Segment Performance: Aerospace operating income grew 39% year-over-year; Product ID sales saw gains in key areas like mail and flatpack printers.
Strong Cash Generation: Cash from operations was $3.4 million for the quarter, with continued focus on reducing debt and disciplined capital allocation.
Guidance Reiterated: Management confirmed full year revenue guidance of $149–$154 million and an adjusted EBITDA margin of 7.5–8.5%.
