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Astronics Corp. (ATRO) Has Risen To A New High On Guidance News

Astronics Corp. (ATRO) announced after the bell Thursday that fourth quarter bookings were approximately $229 million. The company also announced that it expects to report full year 2018 consolidated revenues of $745 million to $815 million.

Astronics gapped open higher Friday morning and has continued to rise in early trade. The stock is now up 3.38 at $44.35. Astronics has broken out of a month and a half long trading range and has set a new high for the year.

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