Shares of Astronics (ATRO) surged 6.64% in after-hours trading on Tuesday, following the release of its impressive first-quarter 2025 financial results. The aerospace and defense technology company reported robust growth and maintained its full-year guidance, boosting investor confidence.
Astronics announced that its Q1 2025 revenue grew 11% to $205.936 million, driven by record aerospace sales. The company's adjusted EBITDA reached $30.739 million, with an adjusted EBITDA margin of 14.9%. Net income for the quarter stood at $9.528 million, demonstrating solid profitability. The strong performance was further underscored by an operating margin of 6.4%.
Adding to the positive sentiment, Astronics maintained its 2025 revenue guidance in the range of $820 million to $860 million, signaling confidence in its continued growth trajectory. The company also outlined its capital expenditure plans, projecting full-year capex between $35 million and $50 million. These factors combined likely contributed to the significant after-hours stock price increase as investors responded favorably to Astronics' strong results and optimistic outlook.