Astronova Q1 profit more than doubles to $1.7M

ASTONOVA REPORTED a $1.7 million profit for the first quarter of fiscal 2019, according to Gregory A. Woods, CEO of the West Warwick company. / PBN FILE PHOTO/MICHAEL SALERNO
ASTONOVA REPORTED a $1.7 million profit for the first quarter of fiscal 2019, according to Gregory A. Woods, CEO of the West Warwick company. / PBN FILE PHOTO/MICHAEL SALERNO
WEST WARWICK – Astronova Inc. reported a $1.7 million profit, or 23 cents per diluted share, for the first quarter of fiscal 2020 ended May 4, the company reported Wednesday. Revenue in the period increased 14.9% to $36.2 million. Company net income increased 108.8% year over year for the quarter from $814,000, or 12 cents…

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