Astronics Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 195.29 million compared to USD 158.15 million a year ago. Net income was USD 6.98 million compared to net loss of USD 6.78 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to basic loss per share from continuing operations of USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to diluted loss per share from continuing operations of USD 0.21 a year ago.
For the full year, sales was USD 689.21 million compared to USD 534.89 million a year ago. Net loss was USD 26.42 million compared to USD 35.75 million a year ago. Basic loss per share from continuing operations was USD 0.8 compared to USD 1.11 a year ago. Diluted loss per share from continuing operations was USD 0.8 compared to USD 1.11 a year ago.