Astronics Corporation (NASDAQ:ATRO) Q2 2023 Earnings Conference Call August 3, 2023 4:45 PM ET

Company Participants

Deborah Pawlowski - Chairman, CEO and Founder, Kei Advisors LLC

Peter Gundermann - Chairman, CEO & President

David Burney - EVP, Finance, CFO & Treasurer

Conference Call Participants

Jon Tanwanteng - CJS Securities

Sam Struhsaker - Truist Securities

Operator

Good afternoon, and welcome to the Astronics Corporation Second Quarter Fiscal Year 2023 Financial Results Conference Call. [Operator Instructions].

I would now like to turn the conference over to Deborah Pawlowski, Investor Relations for Astronics. Please go ahead.

Deborah Pawlowski

Thank you, Anthony, and good afternoon, everyone. We certainly appreciate your time today and your interest in Astronics. On the call here with me are: Peter Gundermann, our Chairman, President and Chief Executive Officer; and Dave Burney, our Chief Financial Officer. You should have a copy of our second quarter 2023 financial results, which just crossed the wires after the market closed today. If you do not have the release, you can find it on our website at astronics.com.

As you are aware, we may make some forward-looking statements during the formal discussion and the Q&A session of this conference call. These statements apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ materially from what is stated here today. These risks and uncertainties and other factors are provided in the earnings release as well as with other documents filed with the Securities and Exchange Commission. You can find those documents on our website or at sec.gov.

During today's call, we will also discuss some non-GAAP financial measures. We believe these will be useful in evaluating our performance. You should not consider the presentation of this additional information in isolation or as a substitute for results prepared in accordance with GAAP. We have provided reconciliations of non-GAAP measures with comparable measures in the tables that accompany today's release.

So with that, let me turn it over to Pete to begin. Peter?

Peter Gundermann

Thank you, Debbie, and good afternoon, everybody. Thank you for tuning in. We are here to talk about our second quarter and our prospects for the rest of the year. And in sum, we think our second quarter was a pretty strong step forward for our company, easily the best quarter we've had since COVID took over in early 2020.