AstroNova, Inc. Q4 FY2026 earnings call

• Second half of fiscal 2026 was a reset period for Astronova, with results reflecting early benefits of changes across the business. - Operationally, product ID turnaround is gaining momentum with a customer - centric sales approach, focusing sales resources, and addressing productivity and efficiencies. - Aerospace business continues to perform well with favorable product mix and strong demand for top rider solutions, and has a solid backlog. - Board is evaluating a range of potential strategic alternatives including sale, strategic investment, merger, etc.

Product ID: Second - half sales were up 4.2% over the first half of the year. Product ID orders were $27.5 million, up $2.9 million year - over - year, resulting in a book - to - bill ratio of 104%, and that crop increased by $1.1 million sequentially. Aerospace: Second half sales also improved over the first half. Orders in aerospace were $13.6 million, resulting in a book - to - bill ratio of 122%, and year - end backlog was $12 million. Top Rider now represents more than 80% of total flight deck printers' shipments.

• Expect mid - single - digit revenue growth in fiscal 2027 and expansion in adjusted EBITDA margin. - In aerospace, a major royalty obligation will expire in the third quarter of fiscal 2027, providing approximately a $2 million annualized benefit to gross profit starting in the fourth quarter. - In Product ID, focus on converting growing commercial pipeline into consistent revenue growth while improving operational performance and profitability.

• Forward - looking statements about current plans, beliefs, and expectations are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. - Risks and uncertainties are described in earnings release and filings with SEC, and no obligation to update forward - looking statements.

Q: No questions at this time.

A: There are no questions at this time