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 ( ASTC ) deployed TRACER 1000 in 34 locations across 16 countries

Outlook

* Company expects sales acceleration in 2026 due to expanded global opportunities

* Astrotech ( ASTC ) 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/Mis Actual Consensu

s s

Estimate

Q1 $297,000

Revenue

Q1 EPS -$2.07

Q1 Net -$3.47

Income mln

Q1 Gross $188,000

Profit

Q1 $3.72

Operatin mln

g

Expenses

Press Release:

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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.)