LMI Aerospace (LMIA) Misses Q4 EPS by 28c

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LMI Aerospace, Inc. Announces Fourth Quarter and Full-Year 2016 Results

March 15, 2017 6:00 AM EDT

ST. LOUIS, March 15, 2017 (GLOBE NEWSWIRE) -- LMI Aerospace Inc. (Nasdaq: LMIA) ("LMI" or the "Company") announced its financial results for the fourth quarter and the year ended December 31, 2016.

Fourth Quarter and Full-Year Results

For the fourth quarter of 2016, net sales were $85.2 million, compared to $89.4 million in the fourth quarter of 2015.  Operating income for the fourth quarter of 2016, excluding $0.3 million of net unfavorable, non-recurring items, was $1.7 million, compared to $5.7 million in the... More