CPI Aerostructures (CVU) Reports Q1'21 Results

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CPI Aerostructures Reports First Quarter 2021 Results

December 27, 2021 8:00 AM EST

First Quarter 2021 vs. First Quarter 2020 (Re-stated)

Revenue of $30.8 million compared to $16.9 million.Gross profit of $4.9 million compared to $0.2 million.Gross margin of 16.0% compared to 0.9%.Net income of $1.2 million compared to net loss of $(3.4) million.Earnings per diluted share of $0.10 compared to loss per diluted share of $(0.29).

EDGEWOOD, N.Y., Dec. 27, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) today announced financial... More