AstroNova^® is driving change to deliver growth and improve margins across its business. The Company’s strategy is to build the Aerospace business and capture higher margins as its new technology replaces lower margin legacy technology, while realigning the Product Identification business to deliver higher sales and profitability. With a strong market position and positive industry tailwinds in Aerospace, the Company is focused on executing its multi-year contracts with leading airline and defense companies and improving inventory management. In Product Identification, AstroNova is focused on successfully launching its new solutions, improving customer retention within its existing customer base, and improving its operational execution. The Company believes it can deliver meaningful shareholder value over time as it installed base increases and drives recurring supplies, parts, and service sales.