Astrotech Reports Fiscal Year 2024 Financial Results
ASTCAstrotech (ASTC) GlobeNewswire News Room·2024-09-20 05:30

AUSTIN, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the fiscal year ended June 30, 2024. Financial Highlights & Fiscal Year Developments  Revenue increased to $1.7 million as Astrotech’s subsidiary, 1st Detect, gained traction in the international passenger market with its explosives trace detectors (“ETD”). Gross margin increased to 45% for the year compared to 41% in the prior period, due to a higher propo ...