|
|
|
|
|
|
|
|
|
|
|
15.05.25 - 13:06
|
Air Industries Group Announces Financial Results for the Three Months Ended March 31, 2025 (Business Wire)
|
|
|
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three Months ended March 31, 2025.
For the three months ended March 31, 2025, Air Industries net sales were lower compared to 2024, but gross profit increased. Operating and net results were impacted by certain timing and cost factors.
Net Sales for the three months ended March 31, 2025 were $12.1 million, a 13.7% decrease from $14.1 million compared to the same period in 2024.
Gross Profit for the three months ended March 31, 2025 improved by $100,000 or 6.7% to $2.0 million from $1.9 million compared to the same period in 2024. Gross profit as a percentage of sales rose to 16.8%, an increase of 320 basis points from 13.6% in 2024.
Operating Expenses for the three months ended March 31, 2025 increased by $615,000 compared to the same period in 2024. The...
|
|
|
|
|
13.05.25 - 13:06
|
Air Industries Group Announces Date for Q1 2025 Earnings Release (Business Wire)
|
|
|
BAY SHORE, N.Y.--(BUSINESS WIRE)--$airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its Financial Results for the Three Months ended March 31, 2025 on Thursday, May 15th, 2025 pre-market at 7:00 am Eastern.
Investor Conference Call
The company will host an Earnings Conference Call on Thursday, May 15th at 4:15 pm Eastern.
Conference Toll-Free Number 877–524–8416
ABOUT AIR INDUSTRIES GROUP
Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight controls, engine mounts and components for aircraft jet engines, ground turbines and other complex machines. Whether it is a small individual component or complete assembly, its high quality and extremely reliable products are used in mission critical operations that ar...
|
|
|
|
|
|
|
|
|
|
|
15.04.25 - 13:06
|
Air Industries Group Reports Year-End 2024 Earnings Call Date (Business Wire)
|
|
|
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will host a call to discuss its financial results for the year ended December 31, 2024 tomorrow, Wednesday, April 16th pre-market at 8:30am ET.
Conference Call Information
Individuals can access the call by dialing 877-524-8416. Additionally, an audio replay of the call will be available on the Company's investor relations website shortly thereafter.
ABOUT AIR INDUSTRIES GROUP
Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight controls, engine mounts and components for aircraft jet engines, ground turbines and other complex machines. Whether it is a small individual component or complete assembly, its high quality and extremely reliable product...
|
|
|
|
|
|
|
|
|
|
|
31.03.25 - 13:06
|
Air Industries Group Reports Preliminary 2024 Results – Record Backlog and Automatic Extension to File Form 10-K (Business Wire)
|
|
|
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced preliminary unaudited financial results for the calendar year ended December 31, 2024. The Company also reported record levels of new business and backlog and noted it will utilize the automatic 15-day extension to file its Annual Report on Form 10-K for the year ended December 31, 2024.
Preliminary Fiscal 2024 Financial Results (unaudited)
For the year ended December 31, 2024, Air Industries achieved growth in net sales, gross profit, and operating income, while significantly reducing its net loss.
Net Sales in 2024 rose to $55.1 million, a 7% increase from $ 51.5 million in 2023.
Gross Profit in 2024 improved to $8.9 million from $7.4 million in 2023. Gross profit as a percentage of sales rose to 16.2%, an increase of 180 basis points from 14.4% in 2023.
Operating income was $4...
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
