Smiths Partnership Marks New Era For Astrotech Shares; 100%+ Upside Potential
Oliver Davies • 14 Comments
Oliver Davies • 14 Comments
Mon, Sep. 26, 7:30 AM
Tue, Aug. 23, 12:46 PM
Tue, Aug. 23, 9:15 AM
Mon, May 9, 8:06 AM
- Net loss of $3.7M, or -$0.18 per diluted share vs. a loss of $2.1M, or -$0.11 per diluted share in the prior year period.
- Cost of goods sold related to certain deliverables in the Battelle and Smiths projects resulted in a negative $158K gross profit, yet both projects are still projected to net a positive gross profit.
- The company held $28M in cash and investments at March 31, 2016.
- FQ3 results
Mon, May 9, 7:11 AM
Wed, Mar. 9, 12:47 PM
Tue, Mar. 1, 9:13 AM
- Astrotech (NASDAQ:ASTC) received an indemnity payment of $6.1M on Feb. 25, 2016, which was held in escrow until the 18-month anniversary of the sale of its Astrotech Space Operations unit to Lockheed Martin.
- As of February 25, 2016, Astrotech received a total of $61M for the sale of the ASO business.
- No claims were asserted against the indemnity escrow account, and all monies held in escrow related to the sale by Astrotech of the ASO business have been paid.
Dec. 9, 2015, 9:17 AM
- Astrotech (NASDAQ:ASTC) has extended its share repurchase plan that was originally announced on December 16, 2014, for another 12 months to December 31, 2016.
- The move "highlights our confidence in our financial strength and our ability to increase shareholder value," said Thomas Pickens, Chairman and CEO.
- To date, Astrotech has repurchased 188K shares at a cost of $492K.
- ASTC +0.6% premarket
Nov. 9, 2015, 9:29 AM
- Net loss of $3.4M, or -$0.16 per diluted share vs. net income of $23.3M, or -$0.09 per diluted share in the prior year period.
- At September 30, the company had $28.6M in cash, short term investments, and an indemnity receivable; there was no debt.
- "We believe ongoing successes of our current subsidiaries and future technologies will bear significant value for our shareholders," CEO Thomas Pickens said.
- FQ1 results
Nov. 9, 2015, 9:20 AM
- Astrotech (NASDAQ:ASTC): FQ1 EPS of -$0.16.
Nov. 4, 2015, 9:27 AM
- Astrotech's (NASDAQ:ASTC) subsidiary, 1st Detect, has been awarded two patents by the U.S. Patent and Trademark Office securing the company's core ion trap chemical analyzer technology used for chemical detection and analysis.
- Patents granted include 'Mass Spectrometer Having an External Detector' and 'Systems and Methods for Calibrating Mass Spectrometers'.
Oct. 20, 2015, 11:00 AM
- Astrotech's (ASTC -1.9%) subsidiary, 1st Detect, will unveil its new iONTRAC Process Chemical Analyzer at the Gulf Coast Conference today.
- "Our new iONTRAC Process Chemical Analyzer monitors and displays real-time analysis, thereby redefining the chemical detection marketplace," stated Bob Kibler, CEO of 1st Detect.
Sep. 23, 2015, 8:04 AM
- Astrotech (NASDAQ:ASTC): FY15 EPS of -$0.52
- Revenue of $0.52M (+300.0% Y/Y)
Jul. 7, 2015, 11:11 AM
- Astrotech's (ASTC) subsidiary, 1st Detect, has officially entered the phase II test and evaluation process for its prototype Multi-Sample Identifier Detector solution.
- The mass spectrometer is capable of detecting a wide variety of chemicals including residues from explosives, food and beverage contaminants and pollutants.
May 14, 2015, 11:46 AM
- The U.S. Patent and Trademark Office has allowed Astrotech's (ASTC +2.4%) subsidiary, 1st Detect, the issuance of a key patent for increasing the performance of its ion trap mass spectrometer.
- The patent will allow the company to miniaturize mass spectrometers yet retain the flexibility to analyze a wide variety of compounds that traditionally require large complex instruments.
May 11, 2015, 3:53 PM
- Astrotech (NASDAQ:ASTC): FQ3 EPS of -$0.07 vs. -$0.11 in 3Q14
- Revenue of $12K (-75.0% Y/Y)