AstroNova(US:ALOT)2024-03-22 12:40FY24 Financial Performance - AstroNova achieved record revenue of $148.1 million, a 4% year-over-year increase[8] - The company reported record operating income of $8.8 million, up 62% year-over-year[8] - Non-GAAP diluted EPS was $0.97, a 126% increase[8] - Adjusted EBITDA less restructuring and retrofit-related items reached $17.6 million, up 60% year-over-year[8] - The company generated $12.4 million in cash from operating activities, compared to a use of $3 million in the previous year[8] Q4 2024 Financial Performance - Revenue was $39.594 million, a slight decrease of 1% year-over-year[22] - Gross profit increased to $14.746 million, up 9% year-over-year[22] - Operating income increased significantly to $3.915 million, up 87% year-over-year[22] - Net income increased to $2.711 million, up 99% year-over-year[22] - Adjusted EBITDA less restructuring and retrofit items was $5.2 million, up 33% year-over-year[23] FY25 Financial Targets and Outlook - The company anticipates mid-single-digit organic revenue percentage growth[20] - AstroNova is targeting an Adjusted EBITDA margin of 13% to 14% for FY25[20] - The company expects continued Adjusted EBITDA margin improvement of 100 basis points over the following two fiscal years[20]