(RTTNews) – AstroNova Inc. (ALOT), an information visualization applied sciences supplier, reported a decline in fourth-quarter preliminary income. The corporate additionally determined to chop round 10 p.c of its world workforce, primarily within the PI section with the purpose of chopping prices and streamling operations.
For the fourth-quarter of 2025, the corporate registered preliminary income of round $37.4 million, lesser than $39.6 million recorded for a similar interval final 12 months.
Decrease quarterly income displays lowered gross sales of huge Trojan Label printers, obsoleted merchandise within the product identification section, two massive protection orders reported within the fourth quarter of final 12 months, and the longer-than-anticipated ramp-up of orders following the Boeing strike.
As a part of the restructuring, AstroNova additionally introduced the realignment of its underperforming MTEX operation in Portugal. The corporate has minimize roughly 70 p.c of the MTEX product portfolio, phasing out low-volume, low-profit fashions.
Greg Woods, president and CEO commented, “We imagine these actions will place us properly for margin enlargement and accelerated development in our core markets as we leverage the AstroNova Working System, our established world buyer relationships, and our robust model recognition.”
Wanting forward, for the full-year 2026, the corporate anticipates income of $160 to $165 million, with an EBITDA margin of 8.5 to 9.5 p.c. Past 2026, AstroNova expects additional enhancements based mostly on its strategic initiatives and restructuring plan.
AstroNova expects to report its annual earnings report on April 14.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
