Astronics Corporation provided revenue guidance for fourth quarter, full year 2022 and full year 2023. For the quarter the Company expects fourth quarter revenue to be in the range of $140 million to $150 million, which, at the midpoint.

The company implies full year 2022 revenue of approximately $521 million, a 17% increase over 2021.

For 2023 the company expects revenue to grow substantially, reaching a range of $640 million to $680 million driven by strong demand that resulted in cumulative bookings of $686 million over the last four quarters.