Air Industries Group (AIRI) Misses Q2 EPS by 1c

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Go back to Air Industries Group (AIRI) Misses Q2 EPS by 1c

Air Industries Group Announces Financial Results for the Three and Six Months Ended June 30, 2022

August 8, 2022 8:30 AM EDT

BAY SHORE, N.Y.--(BUSINESS WIRE)-- Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the three and six months ended June 30, 2022.

Second Quarter 2022 Comparisons

Consolidated net sales for the three months ended June 30, 2022 were $14.0 million, decreasing $1.4 million or (9%) from $15.5 million in the 2021 period. Second quarter net sales increased $1.9 million or 16% from $12.1 million in the first quarter ended... More