AstroNova (ALOT) Presents At 21st Annual Needham Growth Conference - Slideshow

Financial Performance - AstroNova's Q3 FY2019 revenue reached $34.2 million, a 19% year-over-year increase[8] - The company's operating income for Q3 FY2019 was $2.4 million, up 45% year-over-year[8] - AstroNova's Q3 FY2019 operating margin increased by 120 basis points year-over-year to 6.9%[8] - Bookings for Q3 FY2019 were $34.2 million, reflecting a 10% year-over-year increase[8] - Backlog increased by 15% year-over-year to $24.5 million[8] Market and Product Strategy - AstroNova's products convert analog and digital data into text, graphics, and digital signals, focusing on high recurring revenue streams and proprietary consumables[5] - The company launched the Kiaro!® QL-120, a professional tabletop digital label printer, in January 2019[38] - AstroNova acquired TrojanLabel in February 2017, a European manufacturer of digital color label presses and specialty printing systems[45] - The company acquired Honeywell Aerospace product line, which is expected to be accretive in the first full year of ownership[57] Growth and Future Targets - AstroNova is targeting $250 million in revenue by FY2021, compared to $113.4 million in FY2018[72] - The company is aiming for a 17% 5-year CAGR and a 15% operating margin by FY2021[72]