Astronics is trading 13.73% up in pre-market at $85.19 after a major earnings beat and raised full-year 2026 guidance.
- Record second-quarter revenue was $260.0 million and diluted EPS was $0.75, both significantly above expectations; revenue rose 27% and operating income reached a record $40.5 million.
- Guidance rose to $1.02 billionβ$1.04 billion, supported by record bookings and a $780.6 million backlog.
- The earnings beat and stronger outlook clearly explain the pre-market surge.