Astronics Corporation (NASDAQ: ATRO), a leader in advanced, high-performance lighting, electrical power and automated test systems for the global aerospace and defense industries, today reported financial results for the three and nine months ended October 1, 2011.
|Three Months Ended||Nine months Ended|
|Oct 1,||Oct 2,||%||Oct 1,||Oct 2,||%|
|SG&A percent to sales||11||%||11||%||12||%||12||%|
|Income from Operations||$||7,895||$||7,214||9||%||$||23,298||$||17,941||30||%|
|Operating margin %||14||%||15||%||14||%||13||%|
|Net Income %||12||%||9||%||10||%||7||%|
Peter J. Gundermann, President and Chief Executive Officer, commented, “We had another solid quarter with record quarterly sales of $56 million and record net income equal to 12% of sales. We also had record quarterly bookings of $64.5 million as we continue to see strong demand in most of our markets.”
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