Astrotech Q1 revenue rises sequentially

Astrotech

13/11/2025 21:36

Overview

Astrotech fiscal Q1 2026 revenue up 35% from prior qtr due to higher grant revenue

Company reports fiscal Q1 net loss of $3.47 mln, slightly higher than last year

Astrotech deployed TRACER 1000 in 34 locations across 16 countries

Outlook

Company expects sales acceleration in 2026 due to expanded global opportunities

Astrotech sees growing opportunities in transportation and cargo screening markets

Company anticipates increased customer adoption of its mass spectrometry systems

Result Drivers

REVENUE GROWTH - Revenue increased 35% in Q1 2026 driven by more grant revenue and consumable sales from 1st Detect

GLOBAL EXPANSION - TRACER 1000 deployed in 34 locations across 16 countries, expanding market presence

MARKET OPPORTUNITIES - Co sees growing opportunities in transportation, cargo screening, and environmental testing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$297,000
Q1 EPS
-$2.07
Q1 Net Income
-$3.47 mln
Q1 Gross Profit
$188,000
Q1 Operating Expenses
$3.72 mln


Press Release: ID:nGNX5yshwg

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)