LMI Aerospace (LMIA) Posts Q4 Loss of $1.76/Share
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LMI Aerospace, Inc. Announces Fourth Quarter and Full-Year 2014 Results
March 10, 2015 8:02 AM EDTST. LOUIS, March 10, 2015 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (Nasdaq: LMIA), a leading provider of design engineering services and supplier of structural assemblies, kits and components to the aerospace and defense markets, today announced its financial results for the fourth quarter and the twelve months ended December 31, 2014.
Highlights
Net sales of $88.8 million and $387.8 million for the fiscal 2014 fourth quarter and full year, respectively Signed strategic supplier agreement with Spirit Aerosystems Generated $49.1 million of operating cash flow in 2014, including $13.1 million in the fourth quarter Long-term debt reduced... MoreLMI Aerospace, Inc. Announces Changes to Board of Directors
March 10, 2015 8:02 AM EDTST. LOUIS, March 10, 2015 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (Nasdaq: LMIA) ("LMI" or the "Company"), a leading supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, today announced that long-time director Joseph Burstein retired from the Board, effective March 6, and Steven Schaffer has been appointed to fill the vacancy, effective April 1.
"Joe Burstein has been a valued advisor to the company and its management as the company has grown substantially over the years," said John Eulich, Lead Director of LMI.... More
