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Stock impact report

Air Industries Group Reports Preliminary Fourth Quarter and Full-Year 2023 Financial Results and Initial 2024 Business Outlook [Yahoo! Finance]

Air Industries Group (AIRI) 
NASDAQ:AMEX Investor Relations: airindustriesgroup.com/investor-relations
Company Research Source: Yahoo! Finance
assemblies for large aerospace and defense prime contractors, today reported preliminary earnings results for the fourth quarter and full-year of 2023 along with its initial 2024 business outlook. "The fourth quarter of 2023 marked a robust end to a year of significant progress and strategic growth positioning," said Lou Melluzzo, CEO of Air Industries Group. "Not only did Q4 see the highest net sales of the year but also saw us achieve our highest operating income and Adjusted EBITDA. With strong bookings and continually expanding opportunities, I am confident about our future and expect 2024 to be a year of growth." Key Preliminary Q4 2023 Financial Results Fourth Quarter 2023 (a) Net Sales Cost of Sales Gross Profit Gross Margin Operating Expense Operating Income Interest Expense Other Income (net) Gain from AP Writeoff Income (Loss) before Income Taxes Income Taxes Net Income (Loss) Income (loss) per Share Reconciliation of EBITDA To GAAP Net Show less Read more
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