CPI Aerostructures (CVU) Reports Q3 Loss of $0.05/sh

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CPI Aerostructures Reports Second Quarter 2020 Results

November 12, 2020 6:30 AM EST

Second Quarter 2020 vs. Restated Second Quarter 2019

Revenue of $19.7 million compared to $20.1 million;Gross profit of $2.6 million compared to $2.2 million;Gross margin was 13.1% compared to 11.2%;Net loss of $0.6 million compared to $0.9 million;Loss per diluted share of $0.05 compared to $0.07;Cash flow from operations was $0.6 million compared to $(1.1)... More