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0.0474137931034484 0.0474137931034484 0.0517241379310345 0.0689655172413794 0.0215517241379312 0.0897413793103449 0.0948275862068966 0.0732758620689657
Stock impact report

CPI Aerostructures Reports Second Quarter and Six Month 2024 Results

CPI Aerostructures, Inc. (CVU) 
NASDAQ:AMEX Investor Relations: cpiaero.com
Company Research Source: GlobeNewswire
Second Quarter 2024 vs. Second Quarter 2023 Revenue of $20.8 million compared to $20.5 million;Gross profit of $5.1 million compared to $4.6 million;Gross margin of 24.6% compared to 22.4%;Net income of $1.4 million compared to $1.2 million;Earnings per diluted share of $0.11 compared to $0.09;Adjusted EBITDA (1) of $2.6 million compared to $2.1 million;Cash flow used in operations of $(0.6) million compared to $0.0 million. Six Months 2024 vs. Six Months 2023 Revenue of $39.9 million compared to $42.6 million;Gross profit of $8.7 million compared to $9.3 million;Gross margin of 21.7% compared to 21.8%;Net income of $1.6 million compared to $2.1 million;Earnings per diluted share of $0.12 compared to $0.17;Adjusted EBITDA (1) of $3.8 million compared to $4.3 millionCash flow used in operations of $(1.6) million compared to $0.9 million generated by operations;Debt as of June 30, 2024 of $18.9 million compared to $21.3 million at June 30, 2023. EDGEWOOD, N.Y., Aug. 13, 2024 (GLOB Show less Read more
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