February 26, 2018 / 9:42 PM / 8 months ago

BRIEF-Astronics Corp Sees FY 2018 Sales $745 Mln To $815 Mln

Feb 26 (Reuters) - Astronics Corp:

* ORATION REPORTS 2017 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

* QTRLY ‍SALES $171.3 MILLION VERSUS $154.1 MILLION ​

* ‍CONSOLIDATED BACKLOG AT DECEMBER 31, 2017 WAS $393.7 MILLION​

* ‍CAPITAL EQUIPMENT SPENDING IN 2018 IS EXPECTED TO BE IN RANGE OF $24 MILLION TO $28 MILLION​

* Q4 REVENUE VIEW $174.2 MILLION — THOMSON REUTERS I/B/E/S

* ‍CONSOLIDATED GROSS MARGIN WAS 18.8% IN Q4 OF 2017 COMPARED WITH 23.7% IN Q4 OF 2016​ Source text for Eikon: Further company coverage:

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