CPI Aerostructures, Inc. (CVU)

NYSEAMERICAN: CVU · IEX Real-Time Price · USD
2.350
+0.060 (2.62%)
Mar 28, 2024, 2:59 PM EDT - Market open
2.62%
Market Cap 29.02M
Revenue (ttm) 87.04M
Net Income (ttm) 9.27M
Shares Out 12.67M
EPS (ttm) 0.74
PE Ratio 3.15
Forward PE 6.54
Dividend n/a
Ex-Dividend Date n/a
Volume 32,115
Open 2.290
Previous Close 2.290
Day's Range 2.230 - 2.350
52-Week Range 2.150 - 4.340
Beta 1.69
Analysts n/a
Price Target n/a
Earnings Date May 13, 2024

About CVU

CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aerosystems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts. In addition, it operates as a subcontractor for defense contractors and commercial contractors, as well as a contractor for the United States Department of Defense. Further, the company off... [Read more]

Sector Industrials
Founded 1980
Employees 208
Stock Exchange NYSEAMERICAN
Ticker Symbol CVU
Full Company Profile

Financial Performance

In 2022, CVU's revenue was $83.34 million, a decrease of -19.38% compared to the previous year's $103.37 million. Earnings were $9.18 million, an increase of 34.54%.

Financial Statements

News

CPI Aerostructures Receives $4.4M Orders from Embraer for Engine Inlet Assemblies

EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several addi...

4 months ago - GlobeNewsWire

CPI Aerostructures Reports Third Quarter and Nine Month 2023 Results

Third Quarter 2023 vs. Third Quarter 2022 Revenue of $20.4 million compared to $20.2 million; Gross profit of $3.7 million compared to $5.3 million; Gross margin of 18.2% compared to 26.4%; Net income...

4 months ago - GlobeNewsWire

CPI Aero Receives $9.6 Million Purchase Orders From U.S. Air Force for T-38 Aircraft Modification Kits

Increases Funded Orders under Previously Awarded Multi-year Contract to $48.3 million Increases Funded Orders under Previously Awarded Multi-year Contract to $48.3 million

5 months ago - GlobeNewsWire

CPI Aerostructures Appoints Aerospace Industry Executive Pamela Levesque to its Board of Directors

EDGEWOOD, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that its Board of Directors has appointed Pamela D. Leves...

5 months ago - GlobeNewsWire

CPI Aero Delivers 1st B-52 Radar Rack Structure to RTX

EDGEWOOD, N.Y., Oct. 12, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has delivered its first B-52 Radar Rack Structure...

6 months ago - GlobeNewsWire

CPI Aero Receives Second Multi-Year Contract and Funded Order for F-16 Aircraft Structures

- Receives Long Term Agreement not to exceed $34.4 million and Initial $10.4 Million Order - EDGEWOOD, N.Y., Aug. 28, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (...

7 months ago - GlobeNewsWire

CPI Aerostructures Reports Second Quarter and Six Month 2023 Results

Second Quarter 2023 vs. Second Quarter 2022 Revenue of $20.5 million compared to $18.9 million; Gross profit of $4.6 million compared to $3.7 million; Gross margin of 22.4% compared to 19.3%; Net inco...

7 months ago - GlobeNewsWire

CPI Aerostructures Appoints Aerospace Industry Executive Rick Rosenjack to its Board of Directors

EDGEWOOD, N.Y., June 20, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero" or “Company”)) (NYSE American: CVU) announced that its Board of Directors has appointed Rick Rosenjack as a new i...

10 months ago - GlobeNewsWire

CPI Aerostructures Reports First Quarter 2023 Results

First Quarter 2023 vs. First Quarter 2022 Revenue of $22.0 million compared to $20.1 million; Gross profit of $4.7 million compared to $3.4 million; Gross profit margin of 21.2% compared to 17.1%; Net...

11 months ago - GlobeNewsWire

CPI Aerostructures Awarded Follow-On Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies

Production Order for pods and components valued at up to $32.6 Million Production Order for pods and components valued at up to $32.6 Million

11 months ago - GlobeNewsWire

CPI Aerostructures Receives $3.6 Million Follow-on Orders for Welded Assemblies

EDGEWOOD, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received follow-on orders for complex welded struc...

1 year ago - GlobeNewsWire

CPI Aerostructures Reports Fourth Quarter and Full Year 2022 Results

Fourth Quarter 2022 vs. Fourth Quarter 2021 Revenue of $24.1 million compared to $26.4 million; Gross profit of $3.9 million compared to $2.8 million; Gross margin of 16.1% compared to 10.8%; Net inco...

1 year ago - GlobeNewsWire

CPI Aero Receives $1.8M Follow-On Order for Welded Fluid Tank Assemblies

EDGEWOOD, N.Y., Jan. 05, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc.  (CPI Aero® or the Company) (NYSE American: CVU) announced today that an undisclosed aerospace OEM has awarded CPI Aero a $1....

1 year ago - GlobeNewsWire

CPI Aero Receives New Multi-Year Agreement and $7.5 Million Firm Order for Airborne Reconnaissance Pods From Collins Aerospace

The Company Estimates Agreement Has 3-year Potential Value of Approximately $20 Million The Company Estimates Agreement Has 3-year Potential Value of Approximately $20 Million

1 year ago - GlobeNewsWire

CPI Aerostructures Reports Third Quarter and Nine Month 2022 Results

Third Quarter 2022 vs. Third Quarter 2021

1 year ago - GlobeNewsWire

Sikorsky Awards Five-Year Contract to CPI Aerostructures

Company to Manufacture Gunner Window Assemblies for the UH-60M Black Hawk® Company to Manufacture Gunner Window Assemblies for the UH-60M Black Hawk®

1 year ago - GlobeNewsWire

CPI Aerostructures Receives $4.4M Order From Embraer for Engine Inlet Assemblies

EDGEWOOD, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several order...

1 year ago - GlobeNewsWire

CPI Aerostructures Receives $2.7M Order From Lockheed Martin for F-16V Structural Assemblies

EDGEWOOD, N.Y., July 07, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (OTC Pink: CVUA) today announced that Lockheed Martin (NYSE: LMT) has placed an order against a previously anno...

1 year ago - GlobeNewsWire

CPI Aero Receives NYSE American Delisting Determination Notification

Company Remains Focused on Operational Success

2 years ago - GlobeNewsWire

CPI Aerostructures Reports Third Quarter and Nine Month 2021 Results

Third Quarter 2021 vs. Third Quarter 2020 (Re-stated)

2 years ago - GlobeNewsWire

CPI Aerostructures Reports Second Quarter And Six Month 2021 Results

Second Quarter 2021 vs. Second Quarter 2020 (Re-stated)

2 years ago - GlobeNewsWire

CPI Aerostructures, Inc. Announces NYSE American Grants Additional Extension of Cure Period for Timely Filing Criteria Plan of Compliance

EDGEWOOD, N.Y., April 11, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or “Company”) (NYSE American: CVU) announced that it received notice from the NYSE American LLC (“Exchange”) inf...

2 years ago - GlobeNewsWire

9 Aircraft Industry Stocks Other Than Boeing

A Boeing Co (NYSE: BA) 737-800 carrying 132 passengers operated by China Eastern Airlines went down while flying over the Guangxi region in China Monday morning. This comes at a crucial time for Boein...

Other symbols: BACAEGNTXGOGOHEIHONLMT
2 years ago - Benzinga

CPI Aerostructures Appoints Dorith Hakim as Chief Executive Officer, President and Director

Former Group Vice President of Parker Hannifin Aerospace to Lead the Company Former Group Vice President of Parker Hannifin Aerospace to Lead the Company

2 years ago - GlobeNewsWire

CPI Aerostructures Receives $4M Contract From Collins Aerospace for Airborne Pod System

EDGEWOOD, N.Y., March 03, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that Collins Aerospace, a unit of Raytheon Technologies Corp. (NYSE: RTX), has ...

2 years ago - GlobeNewsWire