LMI Aerospace (LMIA) Issues FY09 Sales Outlook
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LMI Aerospace, Inc. (Nasdaq: LMIA) sees FY09 sales in the range of $289-$304 million, versus the consensus of $290.30 million. Gross margins for the year are expected to be about 24-25% with SG&A expenses of about $33.8-$34.3 million.
LMI Aerospace, Inc. provides structural components, assemblies, and kits to the aerospace, defense, and technology industries primarily in the United States.
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