CPI Aerostructures Announces Second Quarter 2015 Results

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CPI Aerostructures (CVU) Misses Q2 EPS by 3c

August 5, 2015 5:02 PM EDT

CPI Aerostructures (NYSE: CVU) reported Q2 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $21.9 million versus the consensus estimate of $20.13 million.

Douglas J. McCrosson, CPI Aero's President & CEO, stated, "For the second quarter of 2015, as compared to the first quarter of 2015, we reported improvements in revenue and net income. We expect these sequential quarterly... More