AstroNova Announces $2M Annualized Gross Profit Benefit Starting in Q4 Fiscal 2027 as Aerospace Backlog More Than Doubles
AstroNova (NASDAQ:ALOT) reported a significant increase in its aerospace backlog, which is expected to generate an annualized gross profit benefit of $2 million starting in the fourth quarter of fiscal 2027. The company also noted strong performance metrics for Q1 fiscal 2027, including revenue growth over 4% and bookings up by 32.6%, with CEO Jorik Ittmann attributing this to improved sales, marketing, and operating discipline.
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