CPI Aerostructures, Inc. (CVU) News
Filter CVU News Items
CVU News Results
|Loading, please wait...|
CVU News Highlights
- For CVU, its 30 day story count is now at 6.
- Over the past 13 days, the trend for CVU's stories per day has been choppy and unclear. It has oscillated between 2 and 4.
- The most mentioned tickers in articles about CVU are WING.
Latest CVU News From Around the Web
Below are the latest news stories about Cpi Aerostructures Inc that investors may wish to consider to help them evaluate CVU as an investment opportunity.
CPI Aerostructures (CVU) stock climbed 8% premarket after the firm said it was awarded a long-term contract from Raytheon Intelligence & Space worth up to a potential $20M
CPI Aero Awarded Contract Worth Up to $20 Million From Raytheon Intelligence & Space for B-52 Radar Rack Structures
- Receives Initial $4 Million Order to Begin Prototype and Test Article Production -EDGEWOOD, N.Y., Feb. 16, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) today announced that it has been awarded a long-term, indefinite delivery indefinite quantity contract from Raytheon Intelligence & Space (“RI&S”), a Raytheon Technologies business, worth up to a potential $20 million to provide rack assemblies for RI&S’ B-52 AESA radar. In 2019, Boeing awarded RI&S a contr
CPI Aerostructures (CVU) has received a purchase order for welded structural assemblies from a current customer valued at ~$1.9M.The welded assemblies are used on a U.S
EDGEWOOD, N.Y., Feb. 03, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it has received a purchase order for welded structural assemblies from a current customer valued at approximately $1.9 million. The welded assemblies are used on a U.S. military helicopter. The entire order is expected to be delivered in 2022. About CPI Aero CPI Aero is a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters and airborne Intellige
EDGEWOOD, N.Y., Jan. 12, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that President and Chief Executive Officer Douglas McCrosson has been appointed to the Aerospace Industries Association’s (AIA) Board of Governors for 2022. AIA, the voice of American aerospace and defense, advocates for the U.S. defense industry on Capitol Hill, within the administration and internationally. Mr. McCrosson was appointed during the December 2021 Board of Go
First Quarter 2021 vs. First Quarter 2020 (Re-stated) Revenue of $30.8 million compared to $16.9 million.Gross profit of $4.9 million compared to $0.2 million.Gross margin of 16.0% compared to 0.9%.Net income of $1.2 million compared to net loss of $(3.4) million.Earnings per diluted share of $0.10 compared to loss per diluted share of $(0.29). EDGEWOOD, N.Y., Dec. 27, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the t
EDGEWOOD, N.Y., Dec. 23, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero) (NYSE American: CVU) announced today that it will issue its financial results for its fiscal first quarter ended March 31, 2021 before the market opens on Monday, December 27, 2021.
CPI Aerostructures, Inc. (NYSEAMERICAN:CVU) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $2.64. CPI Aerostructures shares last traded at $2.55, with a volume of 18,807 shares trading hands. The stock has a market cap of $31.40 million,  The post CPI Aerostructures (NYSEAMERICAN:CVU) Shares Pass Above Two Hundred Day Moving Average of $0.00 appeared first on ETF Daily News .
First Half 2021 (Estimated) vs. First Half 2020 (Restated)
First Half 2021 (Estimated) vs. First Half 2020 (Restated) Revenue of $50 million to $53 million compared to $36.6 million.Gross profit of $8.3 to $8.6 million compared to $2.0 million.Net income of $1.5 to $1.9 million compared to net loss of $(4.7) million.Earnings per diluted share of $0.13 to $0.16 compared to loss per diluted share of $(0.40).Cash flow used by operations of $(2.8) to $(2.4) million compared to a use of $(0.9) million.Debt as of June 30, 2021 of $32.5 million, including our