CPI Aerostructures Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
CPI Aerostructures, Inc. (CVU)
NASDAQ:AMEX Investor Relations:
cpiaero.com
Company Research
Source: Yahoo! Finance
Gross margin of 17.4% compared to 16.1%; Net income of $14.8 million compared to net income of $6.8 million; Earnings per share of $1.20 ($0.09 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of $1.11) compared to earnings per share of $0.55 ($0.03 excluding the fourth quarter 2022 deferred tax asset valuation allowance reduction of $0.52); Cash flow from operations of $3.1 million compared to $0.1 million. Full Year 2023 vs. Full Year 2022 Revenue of $86.5 million compared to $83.3 million; Gross profit of $17.1 million compared to $16.3 million; Gross margin of 19.7% compared to 19.6%; Net income of $17.2 million compared to $9.2 million; Earnings per share of $1.40 ($0.28 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of $1.12) compared to $0.74 ($0.28 excluding the fourth quarter 2022 deferred tax asset valuation allowance reduction of $0.52 less the first quarter of 2022 severance accrual of
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Sec Filings
- 4/8/24 - Form 10-K
- 4/8/24 - Form 8-K
- 4/3/24 - Form 8-K
- CVU's page on the SEC website