CPI AEROSTRUCTURES DL-001

First Quarter 2025 vs. First Quarter 2024   Revenue of $15.4 million compared to $19.1 million;   Gross profit of $1.6 million compared to $3.6 million;   Gross margin of 10.7% compared to 18.6%;   Net (loss) income of $(1.3) million compared to net income of $0.2 million;   (Loss) earnings per share of $(0.10) compared to earnings per share of $0.01;   Adjusted EBITDA(1) of $(0.8) million compared to $1.2 million;   Cash flow used in operations of $2.7 million compared to $1 million.» Mehr auf globenewswire.com

Fourth Quarter 2024 vs. Fourth Quarter 2023   Revenue of $21.8 million compared to $23.5 million; Gross profit of $4.3 million compared to $4.1 million; Gross margin of 20.0% compared to 17.4%; Net income of $1.0 million ($1.4 million excluding deferred tax asset valuation impact) compared to net income of $14.8 million ($0.6 million excluding deferred tax asset valuation impact); Earnings per share of $0.08 ($0.11 excluding deferred tax asset valuation impact) compared to earnings per share of $1.20 ($0.05 excluding deferred tax asset valuation impact); Adjusted EBITDA(1) of $2.3 million compared to $1.8 million; Cash flow from operations of $4.4 million compared to $3.1 million.» Mehr auf globenewswire.com

EDGEWOOD, N.Y., Feb. 03, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received several funded orders totaling $7 million for overhaul and repair of the outboard stabilator assemblies in support of the Sikorsky MH-60 SEAHAWK helicopter. These funded orders were issued against a previously announced five-year, indefinite delivery indefinite quantity (IDIQ) contract from Sikorsky.» Mehr auf globenewswire.com