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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