CVU News and Press, CPI Aerostructures Inc. From 11/30/22

EDGEWOOD, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero ® or the Company) (NYSE American: CVU) today announced that it has entered into a pricing agreement with Collins Aerospace, a Raytheon Technologies business, to provide highly integrated airborne...

Third Quarter 2022 vs. Third Quarter 2021 Revenue of $20.2 million compared to $23.9 million; Gross profit of $5.3 million compared to $3.7 million; Gross margin of 26.4% compared to 15.3%; Net income of $1.9 million compared to $5.4 million ($0.6 million excluding...

EDGEWOOD, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) today announced that it has been awarded a five-year, indefinite delivery indefinite quantity (IDIQ) contract from Sikorsky, a Lockheed Martin company, to manufacture gunner ...

CPI Aerostructures ( NYSE: CVU ) said Wednesday Embraer ( ERJ ) placed several orders worth $4.4M against a long term agreement between the firms for engine inlet assemblies for the Embraer Phenom 300 business jets. The new orders will see deliveries continue thro...

EDGEWOOD, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several orders against a previously announced Long Term Agreement to manufac...

CPI Aerostructures (NYSE:CVU) received NYSE American notification that it has determined to commence proceedings to delist the company's common stock from the exchange. It also announced the immediate suspension of trading on the exchange. Shares will commence trading on OTC Pink from Ma...

Company Remains Focused on Operational Success Shares Will Continue to Trade Publicly on the OTC Market EDGEWOOD, N.Y., May 19, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced ...

CPI Aerostructures press release (NYSE:CVU): FQ3 GAAP EPS of $0.44. Revenue of $23.9M (-6.6% Y/Y). For further details see: CPI Aerostructures GAAP EPS of $0.44, revenue of $23.9M

Third Quarter 2021 vs. Third Quarter 2020 (Re-stated) Revenue of $23.9 million compared to $25.6 million; Gross profit of $3.7 million compared to $4.2 million; Gross margin of 15.3% compared to 16.4%; Net income of $5.4 million ($0.6M excluding $4.8 million in P...

CPI Aerostructures (NYSE:CVU) stock gained 9.8% postmarket after the aircraft parts maker reported strong Q2 results. Q2 EPS was $0.05 vs. -$0.11 in Q2 2020. Revenue grew 13% to $22.3M, driven by execution of CVU's funded military backlog. Q2 gross margin was 16.1% vs. 9.2% in Q2 2020. "Funde...