AstroNova, Inc. reported 8.5% sequential growth in revenue for the third quarter of fiscal 2026.
Revenue reached $39.2 million in the quarter driven by growth in both Aerospace and Product Identification segments.
The company also achieved net income of $0.4 million and non-GAAP net income of $1.5 million.
Revenue Growth
8.5% sequential growth driven by Aerospace and Product Identification segments.
Net Income
Reported net income of $0.4 million and non-GAAP net income of $1.5 million.
Adjusted EBITDA
Achieved $4.2 million in Adjusted EBITDA, representing 10.7% of sales.
- The company improved its financial results sequentially, showing positive signs of stabilizing the business and driving sales growth in the Product Identification segment.
- Strong margins in the Aerospace segment demonstrate the value of the ToughWriter brand flight deck printers, indicating potential growth opportunities in the aerospace market.
AstroNova's third quarter results reflect positive momentum in stabilizing the business and driving growth in key segments. Continued emphasis on improving financial performance and capturing benefits from the Aerospace segment will be crucial for consistent growth in the future.