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Stock impact report

Air Industries Group Announces Financial Results for First Quarter 2024 and Updates Its Fiscal 2024 Business Outlook [Yahoo! Finance]

Air Industries Group (AIRI) 
NASDAQ:AMEX Investor Relations: airindustriesgroup.com/investor-relations
Company Research Source: Yahoo! Finance
for large aerospace and defense prime contractors, today reported financial results for the first quarter and updated its 2024 business outlook. "Fiscal 2024 is off to a good start. The strong order and opportunity flow we experienced during the fourth quarter of last year continues and remains strong. We achieved bookings of $12.95 million and our backlog increased to $99.3 million." said Lou Melluzzo, CEO of Air Industries Group. "We remain laser focused on several large opportunities we expect to close. I remain confident that fiscal 2024 will be a year of growth." First Quarter 2024 Financial Results First Quarter (Unaudited) Net Sales Cost of Sales Gross Profit Gross Margin Operating Expense Operating Loss Interest Expense Other Income (net) Loss before Income Taxes Income Taxes Net Loss Loss per Share Reconciliation of EBITDA To GAAP Net Loss Interest Expense Depreciation Amortization Stock Compensation Adjusted EBITDA Updated 2024 B Show less Read more
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