Cpi Aerostructures Inc (NYSEAMER: CVU) |
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Price: $3.1100
$0.03
0.974%
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Day's High:
| $3.2487
| Week Perf:
| 7.99 %
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Day's Low: |
$ 3.07 |
30 Day Perf: |
-10.12 % |
Volume (M): |
23 |
52 Wk High: |
$ 5.85 |
Volume (M$): |
$ 71 |
52 Wk Avg: |
$3.39 |
Open: |
$3.11 |
52 Wk Low: |
$2.16 |
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Market Capitalization (Millions $) |
40 |
Shares
Outstanding (Millions) |
13 |
Employees |
330 |
Revenues (TTM) (Millions $) |
76 |
Net Income (TTM) (Millions $) |
2 |
Cash Flow (TTM) (Millions $) |
-1 |
Capital Exp. (TTM) (Millions $) |
0 |
Cpi Aerostructures Inc
CPI Aerostructures, Inc. is a United States (“U.S.”) manufacturer
of structural aircraft parts for fixed wing aircraft and helicopters in both
the commercial and defense markets. We have also recently expanded our presence
in the aerosystems segment of the defense market, with our production of various
reconnaissance pod structures and fuel panel systems. Within the global aerostructure
supply chain, we are either a Tier 1 supplier to aircraft original equipment
manufacturers (“OEMs”) or a Tier 2 subcontractor to major Tier 1
manufacturers. We also are a prime contractor to the U.S. Department of Defense,
primarily the Air Force. In conjunction with our assembly operations, we provide
engineering, program management, supply chain management, and maintenance repair
and overhaul (“MRO”) services.
Among the key programs that CPI Aero supplies are the E-2D Advanced Hawkeye
surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650,
the UH-60 BLACK HAWK® helicopter, the S-92® helicopter, the MH-60S mine
countermeasure helicopter, the AH-1Z ZULU attack helicopter, the HondaJet-Advanced
Light Jet, the MH-53 and CH-53 variant helicopters, the C-5A Galaxy cargo jet,
the F-16 fighter aircraft, the Embraer Phenom 300 light business jet and the
New Cessna Citation X+.
We also perform as a prime contractor supplying aircraft structural parts directly
to the U.S. Government. In this role, we have delivered skin panels, leading
edges, flight control surfaces, engine components, wing tips, cowl doors, nacelle
assemblies and inlet assemblies for military aircraft such as the C-5A cargo
jet, the T-38 “Talon” jet trainer, the C-130 “Hercules”
cargo jet, the A-10 attack jet, and the F-16. 2%, of our revenue.
CPI Aero has over 35 years of experience as a contractor, completing over 2,500
contracts to date. Most members of our management team have held management
positions at large aerospace contractors, including NGC, Lockheed and The Fairchild
Corporation. Our technical team possesses extensive technical expertise and
program management and integration capabilities. Our competitive advantage lies
in our ability to offer large contractor capabilities with the flexibility and
responsiveness of a small company, while staying competitive in cost and delivering
superior quality products.
CPI Aero was incorporated under the laws of the State of New York in January
1980 under the name Composite Products International, Inc. CPI Aero changed
its name to Consortium of Precision Industries, Inc. in April 1989 and to CPI
Aerostructures, Inc. in July 1992. In January 2005, we began doing business
under the name CPI Aero®, a registered trademark of the Company. Our principal
office is located at 91 Heartland Blvd., Edgewood, New York 11717 and our telephone
number is (631) 586-5200.
Company Address: 91 Heartland Blvd. Edgewood 11717 NY
Company Phone Number: 586-5200 Stock Exchange / Ticker: NYSEAMER CVU
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Customers Net Income fell by |
CVU's Customers Net Profit Margin fell to |
-12.86 % |
6.06 %
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Stock Performances by Major Competitors |
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Cpi Aerostructures Inc
CPI Aerostructures Inc.?s Financial Performance: A Study of Resilience Amid Strategic Growth In the bustling arena of the stock market, CPI Aerostructures Inc. (NYSE American: CVU) has emerged as a beacon of resilience and strategic growth as revealed in its recent financial results for the fiscal interval ending June 30, 2024. With a notable 22.2% increase in earnings per share, reaching $0.11, and a revenue growth of 2.609%, totaling $20.12 million, the company's performance has captivated investors and market analysts alike.
Key Financial Highlights 1. Earnings and Revenue Growth: CPI Aerostructures reported a remarkable surge in earnings, up 22.22% per share from the prior year?s numbers. The minor revenue uptick of 2.609% might seem modest, but when contextualized within a competitive aerospace landscape, it underscores the company?s capacity to manage costs and enhance profitability. 2. Impressive Quarterly Growth: Compared to the first quarter of 2024, CPI's revenue jumped by 8.417% from $18.55 million, showcasing a healthy growth trajectory this year. The earnings per share saw an astounding increase of 1000%, skyrocketing from $0.01 to $0.11, a testament to the company?s improved operational efficiency and strategic resource allocation.
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Partnership
Published Mon, Jul 22 2024 8:05 PM UTC
Strategic Partnership and Financial Turbulence: A Deep Dive into CPI Aerostructures Inc. s Recent Developments FARNBOROUGH, United Kingdom, July 22, 2024 Amid the backdrop of the prestigious Farnborough International Airshow, CPI Aerostructures, Inc. (NYSE American: CVU) made a significant announcement that could influence its business trajectory in the coming years. The...
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Contract
Published Mon, Jul 8 2024 12:00 PM UTC
In the fast-paced aerospace sector, maintaining a leading edge demands continuous innovation, investment, and reliability. CPI Aerostructures, Inc. (CPI Aero) is proving to be an exemplary player in this arena, recently marking several notable achievements that promise to fortify its market position and future growth. Key Deliveries and Contracts: A Deep Dive CPI Aero has re...
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Management Announcement
Published Thu, Jun 20 2024 11:00 PM UTC
EDGWOOD, N.Y., June 20, 2024 - CPI Aerostructures, Inc. (NYSE American: CVU), a leading aerospace and defense contractor, has reached a settlement with the Securities and Exchange Commission (SEC) regarding the restatement of certain financial statements for the fiscal periods between January 1, 2018 and December 31, 2022. The settlement was announced by CPI Aerostr...
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Contract
Published Wed, Jun 5 2024 8:05 PM UTC
On June 5, 2024, CPI Aerostructures, Inc. announced that it has received follow-on orders worth approximately $1.3 million for complex welded structural assemblies used on a U.S. military helicopter. These orders, from a current customer, are a testament to the Company s expertise in providing high-quality products to the defense industry. The deliveries of these assemblies ...
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Per Share |
Current |
Earnings (TTM) |
0.15 $ |
Revenues (TTM) |
6 $
|
Cash Flow (TTM) |
- |
Cash |
0.15 $
|
Book Value |
1.96 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
0.15 $
|
Revenues (TTM) |
6 $ |
Cash Flow (TTM) |
- |
Cash |
0.15 $
|
Book Value |
1.96 $ |
Dividend (TTM) |
0 $ |
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Transferred over Time |
|
104.15 % |
of total Revenue |
Transferred at Point in Time |
|
0.97 % |
of total Revenue |
Government subcontracts |
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77.32 % |
of total Revenue |
Prime government contracts |
|
19.07 % |
of total Revenue |
Commercial contracts |
|
8.74 % |
of total Revenue |
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