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04.08.25 - 15:09
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AstroNova Appoints Jorik E. Ittmann as President and Chief Executive Officer (Business Wire)
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Leverages Mr. Ittmann's extensive print industry and international business experience
Padraig Finn, with over 16 years in the print industry, promoted to Senior Vice President, Product Identification
Tom Carll, Senior Vice President, Aerospace, Thomas DeByle, CFO, and Michael Natalizia, Chief Technology Officer, round out the Executive Leadership Team
Darius G. Nevin appointed Executive Chairman
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in specialized print technology solutions that enable data visualization, today announced that the Board of Directors has promoted Jorik E. Ittmann to President and CEO and appointed him to the Board of Directors, both to be effective as of August 15, 2025. Along with the selection of Mr. Ittmann as CEO, Darius G. Nevin will move to being Executive Chairman, and Padraig Finn will become Senior Vice President, Product Identification (Product ID). Tom Carll, Senior Vice President, Aerospace, Thomas DeByle, Chief Financial Offi...
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30.06.25 - 14:36
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AstroNova Announces Executive Leadership Change (Business Wire)
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WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, announced today that Darius G. Nevin, a member of the AstroNova Board of Directors, has been appointed as Interim President and Chief Executive Officer, effective June 29, 2025. The Board will initiate a search for a successor to former President and Chief Executive Officer, Gregory A. Woods, who resigned from the role. The search will evaluate both internal and external candidates.
Richard S. Warzala, Lead Independent Director of AstroNova, stated, “These actions reflect an acceleration of our succession plans, and we are fortunate to have had Darius recently join the Board and to step into this interim role. In addition to his extensive public company executive experience, Darius has the talent, capabilities and time to devote to leading AstroNova while the Board conducts a search to identify and select his replacement. We expect that Darius can effectively address the situation t...
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26.06.25 - 12:33
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AstroNova Made Good Faith Effort to Resolve Costly, Disruptive Proxy Contest in Collaborative and Amicable Manner (Business Wire)
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AstroNova's Board made a good faith effort to come to a collaborative, amicable solution to end the ill-advised, misguided proxy contest that Samir Patel and Askeladden insist on perpetuating despite their claims to the contrary
Samir Patel violated the agreement that the content of the conversations between himself and AstroNova's Lead Independent Director were confidential
Samir Patel failed to offer any proposal of settlement
Samir Patel exposed his lack of understanding regarding corporate governanceWEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (Nasdaq: ALOT), a leading innovator in data visualization technology, noted the total failure on Samir Patel's and Askeladden's part to participate in efforts to come to a collaborative and amicable solution. Collaboration by definition suggests two parties working toward a common goal and Patel provided no contribution to the settlement discussions.
Samir Patel's Breach of Trust
Samir Patel agreed with Richard S. Warzala, Lead Independent Director ...
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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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