CPI Aerostructures Reports Fourth Quarter 2020 Results

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Go back to CPI Aerostructures Reports Fourth Quarter 2020 Results

CPI Aerostructures (CVU) Tops Q4 EPS by 8c, Revenues Beat

April 16, 2021 6:05 AM EDT

CPI Aerostructures (NYSE: CVU) reported Q4 EPS of $0.11, $0.08 better than the analyst estimate of $0.03. Revenue for the quarter came in at $25.4 million versus the consensus estimate of $21.9 million.

Fourth Quarter 2020 vs. Fourth Quarter 2019

Revenue of $25.4 million compared to $22.7 million.Gross profit of $4.6 million compared to $2.5 million.Gross margin of 18.2% compared to 10.9%.Net income of $1.3 million compared to net loss of $(1.4) million.Earnings per diluted share of $0.11 compared to loss per diluted share of $(0.12).Cash flow from operations of $1.7 million compared to $3.7... More