AstroNova, Inc. ($ALOT) 2Q21 Earnings Sneak Preview

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AstroNova, Inc. (NASDAQ:ALOT) is expected to report second quarter earnings results, before market open, on Wednesday 9th September 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.06 per share from revenue of $ 27.92 million.

Looking ahead, the full year income are expected at $ 0.04 per share on the revenues of $ 118.10 million.

Previous Quarter Performance

AstroNova, Inc. disclosed income for the first quarter of $ 0.06 per share, from the revenue of $ 30.92 million. The quarterly earnings dropped 73.91 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.19 per share from $ 29.75 million in revenue. The bottom line results beat street analysts by $ 0.25 or 131.58 percent, at the same time, top line results outshined analysts by $ 1.17 million or 3.93 percent.

Stock Performance

Shares of AstroNova, Inc. traded low $ -0.30 or -4.33 percent on Tuesday, reaching $ 6.63 with volume of 18.20 thousand shares. AstroNova, Inc. has traded high as $ 6.99 and has cracked $ 6.53 on the downward trend

According to the previous trading day, closing price of $ 6.63, representing a 31.00 % increase from the 52 week low of $ 5.29 and a 60.33 % decrease over the 52 week high of $ 17.47.

The company has a market capital of $ 47.49 million and is part of the Technology sector and Computer Systems industry.

Conference Call

AstroNova, Inc. will be hosting a conference call at 9:00 AM eastern time on 9th September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.astronovainc.com

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally. The company operates through two segments, Product Identification and Test & Measurement (T&M).