CPI Aerostructures (CVU) Misses Q4 EPS by 24c
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CPI Aerostructures Announces Fourth Quarter and Full Year 2015 Results
March 28, 2016 6:39 AM EDTEDGEWOOD, NY -- (Marketwired) -- 03/28/16 -- CPI Aerostructures, Inc. ("CPI Aero") (NYSE MKT: CVU) today reported fourth-quarter and full-year 2015 financial results.
Full Year 2015 versus Full Year 2014
Revenue increased to $100.2 million from $39.7 million; Gross profit (loss) was $16.6 million compared to $(29.7) million; Pre-tax income (loss) was $8.0 million compared to $(37.7) million; Net income (loss) was $5.0 million compared to $(25.2) million; Earnings per diluted share were $0.58 per diluted share compared to $(2.98) per diluted share; Defense backlog increases 9% to $276.9 million from $254.8 million at end of 2014.Fourth Quarter 2015 versus Fourth Quarter 2014
Revenue... More