8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 22, 2024

Astronova, Inc.

(Exact name of Registrant as Specified in Its Charter)

Rhode Island	0-13200	05-0318215
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
600 East Greenwich Avenue
West Warwick, Rhode Island		02893
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (401) 828-4000

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $.05 Par Value	ALOT	Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On March 22, 2024, we issued a press release reporting the financial results for our fiscal fourth quarter and full year ended January 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in Item 2.02 of this report and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Exhibit

99.1 Press Release dated March 22, 2024

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			ASTRONOVA, INC.
Date:	March 22, 2024	By:	/s/ David S. Smith
			David S. Smith Vice President, Chief Financial Officer and Treasurer

EX-99.1

Exhibit 99.1

  News Release

AstroNova Reports Fiscal 2024 Fourth-Quarter and Full-Year Financial Results

•Posts Company Record Full-Year GAAP Operating Income of $8.8 Million; Non-GAAP Operating Income of $12.0 Million

•Delivers Full-Year GAAP Net Income of $4.7 Million, or $0.63 Per Diluted Share; Non-GAAP Net Income of $7.2 Million, or $0.97 Per Diluted Share

•Generates Full-Year Adjusted EBITDA of $14.4 Million, or $17.6 Million Excluding Restructuring and Retrofit-Related Items

•Provides FY 2025 Financial Targets and Outlook

•Hosts Earnings Conference Call at 9:00 a.m. ET Today

WEST WARWICK, R.I., March 22, 2024 — AstroNova, Inc. (Nasdaq: ALOT), a global leader in data visualization technologies, today reported financial results for the fiscal 2024 fourth quarter and full year ended January 31, 2024.

CEO Commentary

“We capped a year of solid growth in fiscal 2024 with a strong fourth quarter that highlighted our strategic focus on enhancing margins and maintaining disciplined cost management, while continuing to invest for the future,” said Greg Woods, AstroNova’s President and Chief Executive Officer. “Our fourth-quarter operating income of $3.9 million joined our third quarter as the two best quarters in our history, and reflected contributions from both our Product Identification (PI) and Test & Measurement (T&M) segments.

“T&M generated a 28% segment operating profit for the quarter on 10% top-line growth, driven primarily by the continued momentum of our Aerospace product line. The rebound in airline passenger traffic toward pre-pandemic levels, the increasing number of daily flights and favorable commercial aircraft order and delivery trends provide a favorable growth runway for our business. The data acquisition product line within our T&M segment also performed well in the quarter.

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“Our PI segment delivered strong year-over-year margin improvement in the quarter. Segment operating profit increased a healthy 560 basis points from the fourth quarter of fiscal 2023, in part reflecting the success of the strategic realignment announced last summer,” Woods said. “Additionally, at the end of the quarter we completed the previously discussed retrofit program of certain PI printers affected by faulty ink provided by one of our larger suppliers. On the innovation front, our PI development teams recently launched new digital printers and accessories under both our flagship QuickLabel and TrojanLabel brands.

“Looking ahead, we see several growth opportunities for our business,” Woods said. “We are focused on applying the tools of the AstroNova Operating System to drive sustained product innovation, operating efficiencies and margin improvement. Our fiscal 2025 financial targets and outlook, which we are introducing today, reflect both confidence in the dynamics that are driving demand across our end markets and our commitment to continuing the margin improvement programs that we kicked off in FY24.”

FY 2025 Financial Targets and Outlook

For fiscal 2025, AstroNova expects to achieve full-year organic revenue percentage growth in the mid-single digits. Additionally, as AstroNova continues to drive operational improvements throughout the business, the Company expects its full-year adjusted EBITDA margin to be 13% to 14% this year and further improve by 100 basis points per year over the following two fiscal years.

Q4 FY 2024 Financial Results

	GAAP			Non-GAAP
($ in thousands, except per share data)	Q4 FY 2024	Q4 FY 2023	YoY	Q4 FY 2024	Q4 FY 2023	YoY
Revenue	$39,594	$39,853	(1%)
Gross Profit	$14,746	$13,562	9%	$14,504	$13,562	9%
Gross Margin	37.2%	34.0%	320 pts.	36.6%	34.0%	260 pts.
Operating Expenses	$10,831	$11,465	(6%)	$10,874	$11,465	(5%)
Operating Income	$3,915	$2,097	87%	$3,630	$2,097	73%
Operating Margin	9.9%	5.3%	460 pts.	9.2%	5.3%	390 pts.
Net Income	$2,711	$1,363	99%	$2,491	$1,363	83%
Net Income per Common Share	$0.36	$0.18	100%	$0.33	$0.18	83%
Adjusted EBITDA				$5,521	$3,930	40%
Adjusted EBITDA Less Restructuring & Retrofit-Related Items				$5,236	$3,930	33%

Full reconciliations between GAAP and Non-GAAP items are provided below.

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FY 2024 Financial Results

	GAAP			Non-GAAP
($ in thousands, except per share data)	FY 2024	FY 2023	YoY	FY 2024	FY 2023	YoY
Revenue	$148,086	$142,527	4%
Gross Profit	$51,621	$48,156	7%	$54,327	$48,156	13%
Gross Margin	34.9%	33.8%	330 pts.	36.7%	33.8%	290 pts.
Operating Expenses	$42,825	$42,713	0%	$42,313	$41,996	1%
Operating Income	$8,796	$5,443	62%	$12,014	$6,160	95%
Operating Margin	5.9%	3.8%	210 pts.	8.1%	4.3%	380 pts.
Net Income	$4,694	$2,661	76%	$7,180	$3,201	124%
Net Income per Common Share	$0.63	$0.36	75%	$0.97	$0.43	126%
Adjusted EBITDA				$14,383	$10,294	40%
Adjusted EBITDA Less Restructuring & Retrofit-Related Items				$17,601	$11,010	60%

Full reconciliations between GAAP and Non-GAAP items are provided below.

Revenue by Type

($ in thousands)	Q4 FY 2024	Q4 FY 2023	YoY	FY 2024	FY 2023	YoY
Hardware	$13,640	$12,561	9%	$49,440	$42,445	17%
Supplies	$20,507	$22,016	(7%)	$79,252	$82,072	(3%)
Service/Other	$5,446	$5,277	3%	$19,394	$18,010	8%

Adjusted EBITDA was $5.5 million in the fourth quarter of fiscal 2024 versus $3.9 million in the year earlier period. Further adjusted to exclude restructuring and retrofit-related items, Adjusted EBITDA was $5.2 million in the 2024 period. For the full year, Adjusted EBITDA was $14.4 million compared with $10.3 million in the comparable period of fiscal 2023. Further adjusted to exclude restructuring and retrofit-related items, Adjusted EBITDA was $17.6 million in fiscal 2024 compared with $11.0 million in fiscal 2023.

Bookings in the fourth quarter of fiscal 2024 were $39.8 million, compared with $36.3 million in the fourth quarter of fiscal 2023, reflecting an increase in orders for both segments. Bookings were $143.7 million in fiscal 2024, compared with $138.6 million in fiscal 2023.

Backlog as of January 31, 2024 was $31.4 million versus $35.8 million at the end of fiscal 2023.

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Segment Results

Product Identification

Product Identification (PI) segment revenue was $26.6 million in the fourth quarter of fiscal 2024, compared with $28.1 million in the fiscal 2023 fourth quarter. Segment operating profit was $3.2 million, or 12.2% of segment revenue, compared with segment operating profit of $1.9 million, or 6.6% of segment revenue, in the fourth quarter of fiscal 2023, reflecting more favorable mix in the 2024 period.

For fiscal full-year 2024, Product Identification revenue increased to $104.0 million from $103.1 million for fiscal full-year 2023. Segment operating profit was $10.1 million, or 9.7% of segment revenue, in fiscal 2024 compared with segment operating profit of $7.9 million, or 7.7% of segment revenue, in fiscal 2023.

Test & Measurement

Test & Measurement (T&M) segment revenue increased to $13.0 million in the fourth quarter of fiscal 2024 from $11.7 million in the fourth quarter of fiscal 2023, primarily as a result of favorable pricing actions and the continued recovery of the commercial aviation market. Segment operating profit was $3.7 million, or 28.2% of segment revenue, compared with segment operating profit of $3.2 million, or 27.3% of segment revenue, in the fourth quarter of fiscal 2023, reflecting higher revenues, increased manufacturing efficiencies and favorable pricing actions.

For fiscal full-year 2024, Test & Measurement revenue was $44.0 million, compared with $39.4 million in fiscal full-year 2023. Segment operating profit was $10.2 million, or 23.2% of segment revenue, in fiscal 2024, compared with $9.0 million, or 22.8% of segment revenue, in fiscal 2023.

Earnings Conference Call Information

AstroNova will discuss its fourth-quarter and full-year fiscal 2024 financial results and business outlook in an investor conference call at 9:00 a.m. ET today. To access the conference call, please dial (833) 470-1428 (U.S. and Canada) or (404) 975-4839 (International) approximately 10 minutes prior to the start time and enter access code 966245. A real-time and an archived audio webcast of the call will be available through the “Investors” section of the AstroNova website, https://investors.astronovainc.com.

Use of Non-GAAP Financial Measures

In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), this news release contains the non-GAAP financial measures Adjusted EBITDA, non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, and non-GAAP net income per common share.

We define Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, stock-based compensation and acquisition-related costs. We define non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, and non-GAAP net income per common share, as the respective GAAP measure, excluding the impact of acquisition-related costs and restructuring and retrofit-related items.

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AstroNova believes that the inclusion of these non-GAAP financial measures helps investors gain a meaningful understanding of changes in the Company’s core operating results and can help investors who wish to make comparisons between AstroNova and other companies on both a GAAP and a non-GAAP basis. AstroNova’s management uses these non-GAAP financial measures, in addition to GAAP financial measures, as the basis for measuring its core operating performance and comparing such performance to that of prior periods and to the performance of its competitors. These measures are also used by the Company’s management to assist with their financial and operating decision-making. Please refer to the financial reconciliation tables included in this news release for a reconciliation of GAAP measures to the most directly comparable non-GAAP measures for the three and 12 months ended January 31, 2024 and January 31, 2023.

AstroNova has not reconciled the forward-looking Adjusted EBITDA growth percentage included in its 2025 financial targets and outlook to the most directly comparable forward-looking GAAP measure because this cannot be done without unreasonable effort due to the lack of predictability regarding cost of sales, operating expenses, depreciation and amortization, and stock-based compensation. The impact of any of these items, individually or in the aggregate, may be significant.

About AstroNova

AstroNova (Nasdaq: ALOT), a global leader in data visualization technologies since 1969, designs, manufactures, distributes, and services a broad range of products that acquire, store, analyze, and present data in multiple formats.

The Product Identification segment provides a wide array of digital, end-to-end product marking and identification solutions, including hardware, software, and supplies for OEMs, commercial printers, and brand owners. The Test and Measurement segment provides products designed for airborne printing solutions, avionics, and data acquisition. Our aerospace products include flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies. Our data acquisition systems are used in research and development, flight testing, missile and rocket telemetry production monitoring, power, and maintenance applications.

AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is available by visiting https://astronovainc.com/.

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Forward-Looking Statements

Information included in this news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but rather reflect our current expectations concerning future events and results. These statements may include the use of the words “believes,” “expects,” “intends,” “plans,” “anticipates,” “likely,” “continues,” “may,” “will,” and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning the Company’s anticipated performance, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These risks, uncertainties and factors include, but are not limited to, (i) the risk that we may not be able to realize the expected synergies from our acquisition of Astro Machine, (ii) the risk that apparent improvements in the Aerospace and Defense sectors may not continue and (iii) those factors set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2023 and subsequent filings AstroNova makes with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The reader is cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this news release.

Contact:

Scott Solomon

Senior Vice President

Sharon Merrill Advisors

(857) 383-2409

ALOT@investorrelations.com

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ASTRONOVA, INC.

Condensed Consolidated Statements of Income

In Thousands Except for Per Share Data

(Unaudited)

	Three Months Ended						Twelve Months
	January 31, 2024			January 31, 2023			January 31, 2024			January 31, 2023
Net Revenue	$	39,594		$	39,853		$	148,086		$	142,527
Cost of Revenue		24,848			26,291			96,465			94,371
Gross Profit		14,746			13,562			51,621			48,156
Total Gross Profit Margin		37.2	%		34.0	%		34.9	%		33.8	%
Operating Expenses:
Selling & Marketing		5,977			6,686			24,428			24,456
Research & Development		1,878			1,801			6,906			6,822
General & Administrative		2,976			2,978			11,491			11,435
Total Operating Expenses		10,831			11,465			42,825			42,713
Operating Income		3,915			2,097			8,796			5,443
Total Operating Margin		9.9	%		5.3	%		5.9	%		3.8	%
Other Expense, net		563			367			2,723			2,033
Income Before Taxes		3,352			1,730			6,073			3,410
Income Tax Provision		641			367			1,379			749
Net Income	$	2,711		$	1,363		$	4,694		$	2,661
Net Income per Common Share - Basic	$	0.36		$	0.19		$	0.63		$	0.36
Net Income per Common Share - Diluted	$	0.36		$	0.18		$	0.63		$	0.36
Weighted Average Number of Common Shares - Basic		7,438			7,330			7,415			7,307
Weighted Average Number of Common Shares - Diluted		7,550			7,406			7,496			7,374

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ASTRONOVA, INC.

Consolidated Balance Sheets

In Thousands

(Unaudited)

	January 31, 2024			January 31, 2023
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	$	4,527		$	3,946
Accounts Receivable, net		23,056			21,598
Inventories, net		46,371			51,324
Prepaid Expenses and Other Current Assets		2,606			2,894
Total Current Assets		76,560			79,762
PROPERTY, PLANT AND EQUIPMENT		57,046			55,394
Less Accumulated Depreciation		(42,861	)		(41,106	)
Property, Plant and Equipment, net		14,185			14,288
OTHER ASSETS
Intangible Assets, net		18,836			21,232
Goodwill		14,633			14,658
Deferred Tax Assets		6,882			6,907
Right of Use Asset		603			794
Other Assets		1,438			1,566
TOTAL ASSETS	$	133,137		$	139,207
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts Payable	$	8,068		$	8,479
Accrued Compensation		2,923			2,750
Other Liabilities and Accrued Expenses		2,706			3,308
Revolving Line of Credit		8,900			15,900
Current Portion of Long-Term Debt		2,842			2,100
Current Portion of Royalty Obligation		1,700			1,725
Current Liability – Excess Royalty Payment Due		935			562
Income Taxes Payable		235			786
Deferred Revenue		1,338			1,888
Total Current Liabilities		29,647			37,498
NON-CURRENT LIABILITIES
Long-Term Debt, net of current portion		10,050			12,040
Royalty Obligation, net of current portion		2,093			3,415
Lease Liability, net of current portion		415			555
Income Tax Payables		551			491
Deferred Revenue		-			674
Deferred Tax Liabilities		99			167
TOTAL LIABILITIES		42,855			54,840
SHAREHOLDERS’ EQUITY
Common Stock		541			534
Additional Paid-in Capital		62,684			61,131
Retained Earnings		63,868			59,175
Treasury Stock		(34,592	)		(34,235	)
Accumulated Other Comprehensive Loss, net of tax		(2,219	)		(2,238	)
TOTAL SHAREHOLDERS’ EQUITY		90,282			84,367
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	133,137		$	139,207

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ASTRONOVA, INC.

Revenue and Segment Operating Profit

In Thousands

(Unaudited)

	Revenue				Segment Operating Profit						Revenue				Segment Operating Profit
	Three Months Ended				Three Months Ended						Twelve Months Ended				Twelve Months Ended
	January 31, 2024		January 31, 2023		January 31, 2024			January 31, 2023			January 31, 2024		January 31, 2023		January 31, 2024			January 31, 2023
Product Identification	$	26,626	$	28,105	$	3,239		$	1,869		$	104,041	$	103,089	$	10,087		$	7,889
Test & Measurement		12,968		11,748		3,652			3,206			44,045		39,438		10,200			8,989
Total	$	39,594	$	39,853		6,891			5,075		$	148,086	$	142,527		20,287			16,878
Corporate Expenses						2,976			2,978							11,491			11,435
Operating Income						3,915			2,097							8,796			5,443
Other Income (Expense), net						(563	)		(367	)						(2,723	)		(2,033	)
Income Before Income Taxes						3,352			1,730							6,073			3,410
Income Tax Provision						641			367							1,379			749
Net Income					$	2,711		$	1,363						$	4,694		$	2,661

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ASTRONOVA, INC.

Reconciliation of GAAP to Non-GAAP Results

In Thousands Except for Per Share Data

(Unaudited)

	Three Months Ended						Twelve Months Ended
	January 31, 2024			January 31, 2023			January 31, 2024			January 31, 2023
GAAP Revenues	$	39,594		$	39,853		$	148,086		$	142,527
Non-GAAP Revenues	$	39,594		$	39,853		$	148,086		$	142,527
GAAP Cost of Revenues	$	24,848		$	26,291		$	96,465		$	94,371
Restructuring Charges, net		(32	)		-			2,064			-
Product Retrofit Costs, net		(410	)		-			642			-
Non-GAAP Cost of Revenues	$	25,290		$	26,291		$	93,759		$	94,371
GAAP Gross Profit	$	14,746		$	13,562		$	51,621		$	48,156
Restructuring Charges, net		(32	)		-			2,064			-
Product Retrofit Costs, net		(210	)		-			642			-
Non-GAAP Gross Profit	$	14,504		$	13,562		$	54,327		$	48,156
GAAP Operating Expenses	$	10,831		$	11,465		$	42,825		$	42,713
Transaction Costs		-			-			-			(717	)
Restructuring Charges, net		43			-			(512	)		-
Non-GAAP Operating Expenses	$	10,874		$	11,465		$	42,313		$	41,996
GAAP Operating Income	$	3,915		$	2,097		$	8,796		$	5,443
Transaction Costs		-			-			-			717
Restructuring Charges, net		(75	)		-			2,576			-
Product Retrofit Costs, net		(210	)		-			642			-
Non-GAAP Operating Income	$	3,630		$	2,097		$	12,014		$	6,160
GAAP Other Income/(Expense)	$	(563	)	$	(367	)	$	(2,723	)	$	(2,033	)
Non-GAAP Other Income/(Expense)	$	(563	)	$	(367	)	$	(2,723	)	$	(2,033	)
GAAP Income Tax Expense	$	641		$	367		$	1,379		$	749
Tax Adjustments of Non-GAAP Adjustments		(65	)		-			732			177
Non-GAAP Income Tax Expense	$	576		$	367		$	2,111		$	926
GAAP Net Income	$	2,711		$	1,363		$	4,694		$	2,661
Transaction Costs		-			-			-			540
Restructuring Charges, net		(58	)		-			1,990			-
Product Retrofit Costs, net		(162	)		-			496			-
Non-GAAP Net Income	$	2,491		$	1,363		$	7,180		$	3,201
GAAP Diluted Earnings Per Share	$	0.36		$	0.18		$	0.63		$	0.36
Transaction Costs		-			-			-			0.07
Restructuring Charges, net		(0.01	)		-			0.27			-
Product Retrofit Costs, net		(0.02	)		-			0.07			-
Non-GAAP Diluted Earnings Per Share	$	0.33		$	0.18		$	0.97		$	0.43

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ASTRONOVA, INC.

Reconciliation of Net Income to Adjusted EBITDA

Amounts In Thousands

(Unaudited)

	Three Months Ended					Twelve Months Ended
	January 31, 2024			January 31, 2023		January 31, 2024		January 31, 2023
GAAP Net Income	$	2,711		$	1,363	$	4,694	$	2,661
Interest Expense		779			592		2,697		1,678
Income Tax Expense		641			367		1,379		749
Depreciation/Amortization		1,108			1,295		4,266		3,916
Share-Based Compensation		282			313		1,347		1,290
Adjusted EBITDA	$	5,521		$	3,930	$	14,383	$	10,294
Transaction Costs		-			-		-		540
Restructuring Charges, net		(58	)		-		1,990		-
Product Retrofit Costs, net		(162	)		-		496		-
Income Tax Expense - Transaction Costs		-			-		-		176
Income Tax Expense - Restructuring Charges, net		(17	)		-		586		-
Income Tax Expense - Product Retrofit Costs, net		(48	)		-		146		-
Adjusted EBITDA Less Restructuring & Retrofit Items	$	5,236		$	3,930	$	17,601	$	11,010

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ASTRONOVA, INC.

Reconciliation of Segment GAAP to Non-GAAP Operating Income

Amounts In Thousands

(Unaudited)

	Three Months Ended														Twelve Months Ended
	January 31, 2024								January 31, 2023						January 31, 2024						January 31, 2023
	Product Identification			Test & Measurement		Total			Product Identification		Test & Measurement		Total		Product Identification		Test & Measurement		Total		Product Identification		Test & Measurement		Total
GAAP - Segment Operating Profit	$	3,239		$	3,652	$	6,891		$	1,869	$	3,206	$	5,075	$	10,087	$	10,200	$	20,287	$	7,889	$	8,989	$	16,878
Restructuring Charges, net		(75	)		-		(75	)		-		-		-		2,494		-		2,494		-		-		-
Product Retrofit Costs, net		(210	)		-		(210	)		-		-		-		642		-		642		-		-		-
Non-GAAP - Segment Operating Profit	$	2,954		$	3,652	$	6,606		$	1,869	$	3,206	$	5,075	$	13,223	$	10,200	$	23,423	$	7,889	$	8,989	$	16,878

12

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Document And Entity Information	Mar. 22, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Mar. 22, 2024
Entity Registrant Name	Astronova, Inc.
Entity Central Index Key	0000008146
Entity Emerging Growth Company	false
Entity File Number	0-13200
Entity Incorporation, State or Country Code	RI
Entity Tax Identification Number	05-0318215
Entity Address, Address Line One	600 East Greenwich Avenue
Entity Address, City or Town	West Warwick
Entity Address, State or Province	RI
Entity Address, Postal Zip Code	02893
City Area Code	(401)
Local Phone Number	828-4000
Entity Information, Former Legal or Registered Name	Not applicable
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, $.05 Par Value
Trading Symbol	ALOT
Security Exchange Name	NASDAQ