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CVU News and Press, CPI Aerostructures Inc. From 08/28/23

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Company Name: CPI Aerostructures Inc.
Stock Symbol: CVU
Market: NYSE

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CVU - CPI Aero Receives Second Multi-Year Contract and Funded Order for F-16 Aircraft Structures

- Receives Long Term Agreement not to exceed $34.4 million and Initial $10.4 Million Order - EDGEWOOD, N.Y., Aug. 28, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has been awa...

CVU - CPI Aerostructures: Don't Buy

2023-08-25 00:30:33 ET Summary CPI Aerostructures has seen a 7.1% return against a 5.9% return for the broader markets. CVU's recent results show increased revenues and profits, driven by higher sales and better margins and amortization. Analyst estimates for 2023 do not align...

CVU - CPI Aerostructures GAAP EPS of $0.09, revenue of $20.5M

2023-08-22 01:46:35 ET More on CPI Aerostructures CPI Aerostructures receives multi-year agreement, $7.5M firm order from Collins CPI Aerostructures receives NYSE American delisting determination notification For further details see: CPI Aerostructures GAAP EPS o...

CVU - CPI Aerostructures Reports Second Quarter and Six Month 2023 Results

Second Quarter 2023 vs. Second Quarter 2022 Revenue of $20.5 million compared to $18.9 million; Gross profit of $4.6 million compared to $3.7 million; Gross margin of 22.4% compared to 19.3%; Net income of $1.2 million compared to $0.5 million; Earnings per diluted sha...

CVU - CPI Aerostructures Appoints Aerospace Industry Executive Rick Rosenjack to its Board of Directors

EDGEWOOD, N.Y., June 20, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero" or “Company”)) (NYSE American: CVU) announced that its Board of Directors has appointed Rick Rosenjack as a new independent member of the Board effective immediately. He was also appointed to the ...

CVU - PTRA, MVST among notable industrial additions to Russell microcap; WATT, TNK removed

2023-05-24 14:11:26 ET In its preliminary annual 2023 Russell indexes reconstitution, a total of 164 companies will be added and 319 deleted from the Russell microcap index. Following notable industrial companies will be added and deleted from Russell microcap index. Notable additions...

CVU - CPI Aerostructures GAAP EPS of $0.08, revenue of $22M

2023-05-15 10:55:38 ET CPI Aerostructures press release ( NYSE: CVU ): Q1 GAAP EPS of $0.08. Revenue of $22M (+9.3% Y/Y). For further details see: CPI Aerostructures GAAP EPS of $0.08, revenue of $22M

CVU - CPI Aerostructures Reports First Quarter 2023 Results

First Quarter 2023 vs. First Quarter 2022 Revenue of $22.0 million compared to $20.1 million; Gross profit of $4.7 million compared to $3.4 million; Gross profit margin of 21.2% compared to 17.1%; Net income of $1.0 million compared to net loss of $(32,931) (excluding a fi...

CVU - CPI Aero bags follow-on order of up to $32.6M for Raytheon's NGJ-MB program

2023-05-08 17:23:30 ET CPI Aerostructures ( NYSE: CVU ) on Monday said Raytheon Technologies has given a follow-on order to the company to manufacture pod structures and air management system components for the LRIP phase 3 of NGJ-MB program. The binding notificatio...

CVU - CPI Aerostructures Awarded Follow-On Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies

EDGEWOOD, N.Y., May 08, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon Technologies authorized CPI Aero to begin manufacturing of pod structures and air management system componen...

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