Astronics Corporation (ATRO) Q4 2021 Earnings Call

Investor webinar replay

Meeting Overview The Astronix Corporation held a financial results conference call to discuss the 4th quarter of fiscal year 2021. Key topics included sales performance, bookings, challenges related to supply chain and labor, and expectations for growth in 2022. Key Discussion Points - Overview of 4th quarter financial results, including sales of $116 million. - Significant increase in bookings with a book-to-bill ratio of 1.53, leading to a record backlog of $416 million. - Challenges faced due to ongoing supply chain issues and labor shortages. - Discussion of non-GAAP financial measures and their relevance. - Anticipated revenue growth for 2022, with an initial range of $550 to $600 million. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Review and analyze the impact of supply chain and labor challenges on future operations. - [Unassigned] : Monitor the progress of the company's financing arrangements and their implications for future ...

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[Speaker identities could not be resolved; generic labels used] [00:00] Speaker 1: Greetings and welcome to the Astronix Corporation 4th 0.25 fiscal year 2021 [00:04] Speaker 1: financial results conference call. At this time, all participants are in a listen-only mode. [00:10] Speaker 1: The question and answer session will follow the formal presentation. [00:13] Speaker 1: If anyone should require operator assistance during the conference, please press star 0 on your telephone keypad. [00:19] Speaker 1: As a reminder, this conference is being recorded. [00:22] Speaker 1: I would now like to turn the call over to Deborah Pulaski, Investor Relations for Astronix Corporation. [00:27] Speaker 1: Thank you. You may begin. [00:29] Speaker 2: Thanks, Darrell, and good morning, everyone. [00:32] Speaker 2: We appreciate your time today and your interest in Astronix. [00:36] Speaker 2: Joining me on the call are Pete Gunderman, our President and CEO, Chairman and President and CEO, and Dave Birney, our Chief Financial Officer. [00:45] Speaker 2: You should have a copy of our 4th 0.25 2021 financial [00:49] Speaker 2: results, which we released earlier this morning. [00:52] Speaker 2: And if not, you can find it on our website at Astronics.com. [00:57] Speaker 2: As you are likely aware, we may make some forward-looking statements during the formal discussion as well as during the Q&A session. [01:04] Speaker 2: These statements apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ materially from what is stated here today. [01:14] Speaker 2: These risks and uncertainties and other factors are provided in the release as well as with other documents filed with Securities and Exchange Commission. [...