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- 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...
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...
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...
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...
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 ...
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...
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
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...
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...
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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FARNBOROUGH, United Kingdom, July 22, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that it has signed a Long Term Agreement (“LTA”) with MST Manufacturing (“MST”) ...
EDGEWOOD, N.Y., July 08, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that it shipped the first Low Rate Initial Production 3 (LRIP 3) pod structure to RTX Corporation as authorized under a p...
EDGEWOOD, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (NYSE American: CVU) (“CPI Aero” or “Company”), today announced a settlement with the Securities and Exchange Commission (the “SEC” or “Commission”) related to the Co...