AstroNova Inc. Lowers Fiscal 2026 Revenue Guidance to $149-$154 Million Amid Product ID Challenges

Reuters
09/09
<a href="https://laohu8.com/S/ALOT">AstroNova</a> Inc. Lowers Fiscal 2026 Revenue Guidance to $149-$154 Million Amid Product ID Challenges

AstroNova Inc. reported its financial results for the second quarter of fiscal 2026, ending July 31, 2025. The company recorded revenue of $36.1 million, reflecting challenges in Product Identification shipments. A decline of $4.4 million in revenue was noted due to delays in new product launches within the Product Identification segment and a tough comparison with the previous year, which had benefited from $1.3 million in irregular Aerospace segment orders. The company experienced a $2.7 million decline in gross profit, totaling $11.6 million, attributed to lower sales volume and an unfavorable product mix. Gross margin stood at 32.2% of sales. AstroNova reported an operating loss of $0.7 million for the quarter, while non-GAAP operating income was $0.4 million. AstroNova has revised its fiscal 2026 revenue guidance downward to a range of $149 million to $154 million, compared to the previous guidance of $160 million to $165 million. The adjusted EBITDA margin is now expected to be between 7.5% and 8.5%, revised from the earlier range of 8.5% to 9.5%. The company anticipates an effective tax rate of approximately 32.8% for fiscal 2026. Significant business updates include the shipment of redesigned Product Identification MTEX professional label presses and the commencement of shipments for MTEX direct-to-packaging printers in August 2025. In its Aerospace segment, AstroNova began shipping ToughWriter® units to a major OEM, marking a transition from legacy printers to ToughWriters, with a goal of over 80% of flight deck printer shipments being ToughWriters by the end of fiscal 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AstroNova Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250909051814) on September 09, 2025, and is solely responsible for the information contained therein.

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