CSIMarket Company Name, Ticker, Suppliers, else..
 
Air Industries Group  (AIRI)
Other Ticker:  
 
    Sector • Capital Goods    Industry • Aerospace & Defense
   Industry • Aerospace & Defense
   Sector • Capital Goods
 
Price: $6.0600 $-0.39 -6.047%
Day's High: $6.42 Week Perf: -1.62 %
Day's Low: $ 6.00 30 Day Perf: 60.74 %
Volume (M): 154 52 Wk High: $ 9.44
Volume (M$): $ 933 52 Wk Avg: $4.04
Open: $6.26 52 Wk Low: $2.60



 Market Capitalization (Millions $) 23
 Shares Outstanding (Millions) 4
 Employees 379
 Revenues (TTM) (Millions $) 53
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 2

Air Industries Group

We are an aerospace and defense company. We manufacture and design structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. We also provide sheet metal fabrication of aerostructures, tube bending and welding services. Our products are currently deployed on a wide range of high profile military and commercial aircraft including Sikorskys UH-60 Black Hawk and CH-47 Chinook helicopters, Lockheed Martins F-35 Joint Strike Fighter, Northrop Grummans E2 Hawkeye, Boeings 777, Airbus 380 commercial airliners and the US Navy F-18 and USAF F-16 fighter aircraft. Our Turbine Engine sector makes components for jet engines that are used on the USAF F-15, the Airbus A-330 and A-380, and the Boeing 777, in addition to a number of ground turbine applications.

AIM has manufactured components and subassemblies for the defense and commercial aerospace industry for over 45 years and has established long term relationships with leading defense and aerospace manufacturers.

We currently divide our operations into three operating segments: Complex Machining, which consists of AIM and NTW; Aerostructures and Electronics, which consists of WMI, WPI, MSI, Eur-Pac and ECC; and beginning in 2014, Turbine Engine Components, which includes AMK and beginning March 2015, will include Sterling. As our businesses continue to develop and evolve, and we acquire additional companies, we may deem it appropriate to reallocate our companies into different operating segments and, once we achieve sufficient integration among our businesses, report as a unified company.

We operate in both the military and, to a lesser degree, commercial aviation industries. Defense revenues represent a preponderance of our sales. Our principal customers include Sikorsky Aircraft, Goodrich Landing Gear Systems, Northrup Grumman, the United States Department of Defense, GKN Aerospace, Lockheed, Boeing, Raytheon, Piper Aircraft, M7 Aerospace, Vought Aerospace, Ametek/Hughes-Treitler and Airbus.


   Company Address: 1460 Fifth Avenue New York 11706 NY
   Company Phone Number: 968-5000   Stock Exchange / Ticker: NYSEAMER AIRI


Customers Net Income fell by AIRI's Customers Net Profit Margin fell to

-12.21 %
7.1 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Air Industries Group

Air Industries Group

Air Industries Group Faces Finacial Challenges as Demands Decline
In the wake of lower demand, Air Industries Group has witnessed a significant decline in revenue and a growing shortfall, indicating a challenging period for the aerospace and defense company. The financial span closing on September 30, 2023, has revealed a per share shortfall of $-0.40, a substantial increase compared to the previous reporting period.
The company's revenue has also taken a hit, falling by a significant -7.418% to $12.29 million year on year. This decrease is in stark contrast to the previous period, where Air Industries Group recorded revenue of $13.21 million. Similarly, the bottom line of -$0.12 per share from the previous period worsened in the financial span closing on September 30, 2023, with a net shortfall of -$1.299 million.
Air Industries Group

Air Industries Group's Profits Take a Nose Dive, Revealing Surprising Second Quarter Earnings

Air Industries Group Reports Diminishing Returns and Declining Revenue in Fiscal Year 2023
Air Industries Group, a leading aerospace and defense company, recently released its financial report for the fiscal year ending June 30, 2023. The report highlighted a widening of diminishing returns and a slump in revenue compared to the previous year. This news has raised concerns among investors regarding the future performance of the company.
According to the report, AIRI's diminishing returns increased to $-0.12 per share, compared to $0.00 per share in the previous year. However, there was a slight improvement in earnings per share, which decreased from $-0.19 to -$0.395 per share. The company's revenue also took a hit, sinking by -5.732% to $13.21 million from $14.01 million in the same reporting period a year before. On a positive note, there was a sequential revenue surge of 5.228% from $12.55 million.
Air Industries Group

Air Industries Group reports widening losses amidst slow revenue growth, falling short of industry average

Air Industries Group, a leading player in the Aerospace & Defense industry, recently announced its financial results for the fiscal interval closing on March 31, 2023. While the company experienced a net deficit of $0.19 per share, compared to breakeven a year earlier, its revenue showed a modest increase of 4.037% to $12.55 million. However, it is worth noting that this top-line growth fell short of the industry average, which saw a 10.56% increase during the same period.
In the previous reporting season, Air Industries Group achieved a revenue of $13.89 million and a bottom line of $0.03 per share. This indicates a decline in both revenue and net income for the company in the current fiscal interval.






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