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13.06.25 - 15:06
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AstroNova Sends Letter to Shareholders: Board Focused on Driving Accountability (Business Wire)
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Board of Directors approves new long-term incentive plan based on 3-year revenue growth and adjusted earnings per share targets
Urges shareholders to vote “FOR” ONLY AstroNova's Board nominees on the WHITE proxy card
AstroNova highlights concerns and disruptive nature of Samir Patel's plan and misleading comparison of recent deals as its basis
Samir Patel's accusation that Board of Directors has not engaged is inaccurateWEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, today sent the following letter to shareholders:
We urge Shareholders to Vote “FOR” AstroNova's six highly qualified director nominees on the WHITE universal proxy card TODAY
We, the Board of Directors of AstroNova, Inc. (the “Company” or “AstroNova”), urge shareholders to protect their investment by voting the WHITE proxy card for only AstroNova's six nominees and NOT the Samir Patel and Askeladden Capital Management LLC (“Askeladden”) nominee...
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12.06.25 - 14:36
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AstroNova Announces Segment Leadership Promotions to Drive Execution of Growth Strategy (Business Wire)
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WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, today announced the promotion of Jorik Ittmann to Senior Vice President of Product Identification. Jorik joins Tom Carll, who was promoted to Senior Vice President of Aerospace, at the end of the first quarter as the leaders of AstroNova's two segments. Both Jorik and Tom will continue to report directly to President and Chief Executive Officer Gregory Woods.
Mr. Ittmann and Mr. Carll will be responsible for driving the sales, marketing and operational execution of the Product Identification and Aerospace segments, respectively. Both executives are responsible for and will be compensated on the financial performance of their segments, reinforcing AstroNova's commitment to driving accountability and long-term growth across the organization.
Jorik Ittmann, who joined AstroNova in September 2024 as Vice President of Commercial Operations for the Product Identification segment, brings m...
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05.06.25 - 13:33
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AstroNova Reports First-Quarter Fiscal 2026 Revenue Grew 14% Driven by Double Digit Growth in Both Aerospace and Product Identification Segments (Business Wire)
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Revenue grew 14.4% year-over-year to $37.7 million, driven by 16.8% growth in Aerospace and 13.4% growth in Product Identification
Executed on $1.9 million of annualized cost savings in first quarter as part of restructuring plan; expect to complete previously announced $3 million in annualized cost reductions in second quarter of fiscal 2026
Operating income was $0.6 million vs $1.3 million in prior year; Non-GAAP operating income1 of $1.5 million increased 13.5% over prior-year period
Launched three innovative next-generation printing solutions in Product Identification while capturing renewed $10 million multi-year defense contract for Aerospace
Reaffirms fiscal 2026 revenue and margin expectations with revenue growing to range of $160 million to $165 million and adjusted EBITDA margin expanding to 8.5% to 9.5%
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a global leader in data visualization technologies, today announced financial results for its fiscal 2026 first quarter ended...
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02.06.25 - 16:45
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The Zacks Analyst Blog Highlights NVIDIA, ICICI Bank, Fiserv, Bridger Aerospace and AstroNova (Zacks)
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Zacks spotlights NVDA, IBN, FI, BAER, and ALOT as analyst favorites, with AI, fintech, and aerospace themes driving investor attention....
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22.05.25 - 14:36
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AstroNova to Report First Quarter Fiscal Year 2026 Financial Results on Thursday, June 5 (Business Wire)
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WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, announced it will release its first quarter fiscal year 2026 financial results before the opening of financial markets on Thursday, June 5, 2025.
The Company will conduct a conference call and webcast, hosted by Greg Woods, President and Chief Executive Officer, and Tom DeByle, Vice President, Chief Financial Officer & Treasurer, that day to review its financial and operating results and discuss its corporate strategies and outlook. A question-and-answer session will follow.
First Quarter Fiscal Year 2026 Conference Call
Date:
Thursday, June 5, 2025
Time:
9:00 a.m. Eastern Time
Phone:
(201) 689-8560
Webcast and accompanying slide presentation: AstroNovaInc.com
A telephonic replay will be available from 12:00 p.m. ET on the day of the call through Thursday, June 19, 2025. To listen to the archived call, dial (412) 317-6671 and enter replay PIN 13753559. The webcast replay will be avail...
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19.05.25 - 23:03
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AstroNova Sends Letter to Shareholders Highlighting Growth Strategy and Strength of Board (Business Wire)
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AstroNova is at critical inflection point in its strategic progress to create meaningful competitive advantages for the Product Identification segment and drive strong, sustainable growth, improved profitability and address measurably larger addressable markets
Askeladden/Patel's misguided, upstart campaign is disrupting progress and his unfit nominees stand to siderail advancement
Urges shareholders to vote “FOR” ONLY AstroNova's Board nominees on the WHITE proxy card
Current leadership has transformed AstroNova's capabilities, product mix, and scale, delivering 7.5% compound annual revenue growth since Gregory Woods' appointment as CEO
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, today announced that it has filed its definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Stockholders scheduled to be held on Wednesday, July 9, 2025. Sharehold...
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06.05.25 - 06:36
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CORRECTING and REPLACING AstroNova to Nominate Six Highly Qualified Directors for Election at 2025 Shareholder Meeting (Business Wire)
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WEST WARWICK, R.I.--(BUSINESS WIRE)--Please note that a year referenced in one of the director biographies has been corrected from 2022 to 2002.
The updated release reads:
ASTRONOVA TO NOMINATE SIX HIGHLY QUALIFIED DIRECTORS FOR ELECTION AT 2025 SHAREHOLDER MEETING
AstroNova Board brings a mix of highly relevant executive leadership and public company directorship experience as well as a breadth of knowledge in mergers and acquisitions, finance, capital markets and global operations
Board adamantly rejects dissident nominees who bring no added value; activist's proposal introduces significant disruption to the continuity of oversight and governance which will delay execution of strategy to scale the business and deliver stronger earnings power
AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, today disclosed its slate of highly qualified director nominees for election at the 2025 Annual Meeting of Shareholders. In the coming days, the Company plans to file its preli...
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05.05.25 - 22:57
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AstroNova to Nominate Six Highly Qualified Directors for Election at 2025 Shareholder Meeting (Business Wire)
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AstroNova Board brings a mix of highly relevant executive leadership and public company directorship experience as well as a breadth of knowledge in mergers and acquisitions, finance, capital markets and global operations
Board adamantly rejects dissident nominees who bring no added value; activist's proposal introduces significant disruption to the continuity of oversight and governance which will delay execution of strategy to scale the business and deliver stronger earnings power
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, today disclosed its slate of highly qualified director nominees for election at the 2025 Annual Meeting of Shareholders. In the coming days, the Company plans to file its preliminary proxy materials with the Securities and Exchange Commission and urges shareholders to DISCARD any proxy materials, including the GOLD card, they may receive from Samir Patel and Askeladden Capital Management LLC (“Askeladde...
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