AIRI - Earnings announcements

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three and Nine months ended September 30, 2025. Third Quarter Results Net sales for the three months ended September 30, 2025 were $10.3 million and Adjusted EBITDA (a Non-GAAP) financial measure was $1.3 million. Other financial metrics reported were: Gross profit for the three months ended September 30, 2025 was $2.3 million. Gross profit as a percentage of sales was 22.3%. Operating expenses for the three months ended September 30, 2025 were $2.0 million, increasing $105

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three and Six months ended June 30, 2025. Second Quarter 2025 Financial Highlights Net sales: $12.7 million, a decrease of $0.9 million or 6.7% decrease from $13.6 million in Q2 2024. Gross Profit: $2.0 million, down $0.6 million or 23.3% from $2.6 million in Q2 2024. Gross margin decreased to 16.0%, a decrease of 350 basis points from 19.5% in Q2 2024. Operating Expenses: $2.0 million, up $0.1 million or 6.8% from $1.9 million in Q2 2024. Operating income: $8,000, compare

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its Financial Results for the Three and Six Months ended June 30, 2025 on Thursday, August 14th, 2025 pre-market at 7:00 am Eastern. Investor Conference Call The company will host an Earnings Conference Call on Thursday, August 14th at 4:30 pm Eastern. Conference Toll-Free Number 877–524–8416 ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing g

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three Months ended March 31, 2025. For the three months ended March 31, 2025, Air Industries net sales were lower compared to 2024, but gross profit increased. Operating and net results were impacted by certain timing and cost factors. Net Sales for the three months ended March 31, 2025 were $12.1 million, a 13.7% decrease from $14.1 million compared to the same period in 2024. Gross Profit for the three months ended March 31, 2025 improved by $100,000 or 6.7% to $2.0 million from

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its Financial Results for the Three Months ended March 31, 2025 on Thursday, May 15th, 2025 pre-market at 7:00 am Eastern. Investor Conference Call The company will host an Earnings Conference Call on Thursday, May 15th at 4:15 pm Eastern. Conference Toll-Free Number 877–524–8416 ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight cont

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will host a call to discuss its financial results for the year ended December 31, 2024 tomorrow, Wednesday, April 16th pre-market at 8:30am ET. Conference Call Information Individuals can access the call by dialing 877-524-8416. Additionally, an audio replay of the call will be available on the Company's investor relations website shortly thereafter. ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime c

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced financial results for the third quarter and nine months ended September 30, 2024, and provides an update on its 2024 business outlook. Q3 2024 Financial Highlights (as compared to Q3 2023): Revenues increased by 2.1%. Gross profit rose significantly by $713,000, an increase of 58%, resulting in gross margin of 15.5% up from the 10.0% achieved in 2023. Operating expenses were reduced by $150,000, or 7.4%. Operating profit for the quarter was $67,000, a substantial improvement over the $796,000 loss

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its financial results for the Three and Nine Months ended September 30, 2024 tomorrow, Thursday, November 14th pre-market at 7:00 am Eastern. Conference Call Information The company will host an earnings conference call Thursday, November 14th at 4:30 pm Eastern. The conference call-in number is 877–524–8416 ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products i

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported earnings results for the second quarter and six months 2024 along with an update of its 2024 business outlook. "Our second quarter reflected strength across our business," said Lou Melluzzo, CEO of Air Industries Group. "For the three months, revenues increased by 2.8% compared to the prior year, but gross profit and gross margin on sales improved dramatically. Gross profit for the second quarter increased by $474,000 or nearly 22% compared to 2023. With two quarters under our belt, 2024 is on track to be a yea

Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its financial results for the Three and Six Months ended June 30, 2024 tomorrow, Wednesday, August 14th pre-market at 8:30am ET. Conference Call Information At 4:30 ET that day, the Company will also host an Earnings Conference call to discuss its results. Individuals can access the call by dialing 877-524-8416. An audio replay of the call will be available on the Company's investor relations website shortly thereafter. ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading man

Air Industries Group (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported financial results for the first quarter and updated its 2024 business outlook. "Fiscal 2024 is off to a good start. The strong order and opportunity flow we experienced during the fourth quarter of last year continues and remains strong. We achieved bookings of $12.95 million and our backlog increased to $99.3 million." said Lou Melluzzo, CEO of Air Industries Group. "We remain laser focused on several large opportunities we expect to close. I remain confident that fiscal 2024 will be a year of growth." First Quarter 2024 Finan

Air Industries Group (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported preliminary earnings results for the fourth quarter and full-year of 2023 along with its initial 2024 business outlook. "The fourth quarter of 2023 marked a robust end to a year of significant progress and strategic growth positioning," said Lou Melluzzo, CEO of Air Industries Group. "Not only did Q4 see the highest net sales of the year but also saw us achieve our highest operating income and Adjusted EBITDA. With strong bookings and continually expanding opportunities, I am confident about our future and expect 2024 to be a yea

Air Industries Group (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it plans to release its preliminary Q4 fiscal and full-year 2023 results after the market closes on Monday, April 1, 2024. Conference Call Information At 4:30 ET that day, the Company will also host a conference call to discuss its results and 2024 Business Outlook. Individuals can access the call by dialing 877-524-8416. An audio replay of the call will be available on the Company's investor relations website shortly thereafter. ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading manufacturer of precision co

Conference Call Scheduled for December 7, 2023 Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the third quarter ended September 30, 2023. Commenting on the recent results, Lou Melluzzo, CEO of Air Industries Group, expressed optimism about the Company's trajectory: "Our third quarter of 2023 was challenging and was impacted by shortages of critical raw materials for a certain product. Thankfully, these material shortages have begun to ease and we expect business to rebound

Air Industries Group (the Company) (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has appointed Peter Rettaliata Chairman of the Company's Board of Directors. As Chairman, he succeeds Michael Taglich, who will remain on the Board of Directors. Mr. Rettaliata is currently a director of Air Industries and was formerly the Company's Chief Executive Officer. He has spent 50 years in the aerospace industry and has served as an executive and director of Air Industries for nearly three decades. For 20 years, from 1994

Air Industries Group (the Company) (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has been awarded two new contracts valued at a total of $5.2 million to produce components for the U.S. Navy E-2D aircraft and F-35 Joint Strike Fighter. The first order is valued at $2.0 million for E-2D arresting gear components. The order originates from a long-time customer of Air Industries Group, which has manufactured these flight safety components for many years. Deliveries under this new order are expected to begin in 2025.

Conference Call Scheduled for July 12, 2023 Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the quarter ended March 31, 2023. First Quarter 2023 Comparisons Consolidated net sales for the three months ended March 31, 2023 were $12.5 million, an increase of $487,000 or 4.0% from the first quarter of 2022. First quarter 2023 net sales were lower by $1.3 million or (9.7%) compared with sales of $13.9 million reported for the fourth quarter of 2022 ended December 31, 2022.

Air Industries Group (NYSE:AIRI) ("Air Industries" or the "Company"), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its preliminary, unaudited financial results for the year ended December 31, 2022. PRELIMINARY & UNAUDITED FINANCIAL RESULTS: As of the date of this press release, the following reflects preliminary and unaudited financial data for the year ended December 31, 2022: Consolidated net sales revenues in 2022 are expected to approximate $53.2 million, a decrease of 9.7% as compared to the $58.9 million achieved in 2021.

Air Industries Group (NYSE:AIRI): The Company will host a conference call for investors to discuss preliminary, unaudited financial results for the three and twelve months ended December 31, 2022 on Tuesday, April 4, 2023 at 9:00 am (Eastern). Investor Conference Call Conference Toll-Free Number 877-524-8416 ABOUT AIR INDUSTRIES GROUP is an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense. Forward Looking Statements Certain matters discussed in this press release are 'forward-looking statements' intended to qualify for the safe harbor from liabil

Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the three and nine-months ended September 30, 2022. Third Quarter 2022 Comparisons Consolidated net sales for the three months ended September 30, 2022 were $13.3 million, decreasing $1.1 million or (7.6%) from $14.4 million in the 2021 third quarter. Consolidated gross profit for the three months ended September 30, 2022 was $2.2 million, an increase of $200,000 or 10.0% from $2.0 million in the third quarter of 2021. Gross p

Air Industries Group (NYSE:AIRI): Air Industries Group will release its financial results for the three and nine months ended September 30, 2022 at approximately 8:30am (Eastern) on Monday, November 14, 2022. The Company will also host a conference call for investors later that day on Monday, November 14, 2022 at 4:15pm (Eastern). Investor Conference Call Conference Toll-Free Number 866-571-0905 Passcode – 2418287# ABOUT AIR INDUSTRIES GROUP is an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense. Forward Looking Statements Certain matters discussed i

Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the three and six months ended June 30, 2022. Second Quarter 2022 Comparisons Consolidated net sales for the three months ended June 30, 2022 were $14.0 million, decreasing $1.4 million or (9%) from $15.5 million in the 2021 period. Second quarter net sales increased $1.9 million or 16% from $12.1 million in the first quarter ended March 31, 2022. Consolidated gross profit for the three months ended June 30, 2022 was $2.4 mill

Air Industries Group (AMEX:AIRI): Air Industries Group will release its financial results for the three and six months ended June 30, 2022, at approximately 8:30am on Monday August 8, 2022. The Company will also host a conference call for investors later that day on Monday August 8, 2022 at 4:15pm Eastern. Investor Conference Call Conference Toll-Free Number 888-378-4398 Passcode – 348 775 ABOUT AIR INDUSTRIES GROUP is an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense. Forward Looking Statements Certain matters discussed in this press release are 'for

Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the three months ended March 31, 2022. Three Months ended March 31, 2022 compared to March 31, 2021 Consolidated net sales for the three months ended March 31, 2022 were $12.1 million, decreasing $1.6 million or (12%) from $13.7 million in 2021. Consolidated gross profit for the three months ended March 31, 2022 was $2.1 million, or 17.2% of sales, increasing $280,000 from $1.8 million, or 13.1% of sales, in 2021. Operating

Air Industries Group (NYSE:AIRI): Air Industries Group will release its financial results for the three months ended March 31, 2022, at approximately 8:30 AM on Monday May 2, 2022. The Company will also host a conference call for investors on Tuesday May 3, 2022 at 11:00am Eastern. Investor Conference Call Conference Toll-Free Number 888-378-4398 Passcode – 697 902 ABOUT AIR INDUSTRIES GROUP Air Industries Group (NYSE:AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers. The Company is a Tier 1 supplier to aircraft Original Equipment Manufacturers and a Prime Contractor to t

Full-Year Operating Income Improved by Nearly $4 Million to $2.4 Million Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the Three and Twelve months ended December 31, 2021. Three Months ended December 31, 2021 compared to December 31, 2020 Consolidated net sales for the three months ended December 31, 2021 were $15.4 million, increasing $0.9 million or 6.2% from $14.5 million in 2020. Consolidated gross profit for the three months ended December 2021 was $3.8 million, whi

Air Industries Group (NYSE:AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced it will release its financial results for the Three and Twelve months ended December 31, 2021 at approximately 8:30 am on Monday, March 7, 2022. The Company will also host a conference call for investors on Monday, March 7, 2022 at 4:30 pm Eastern Time Investor Conference Call Conference Toll-Free Number 888.378.4398 Passcode – 467 576 ABOUT AIR INDUSTRIES GROUP Air Industries Group (AIRI) is an integrated Tier 1 manufacturer of precision assemblies an

$ 2.3 Million Increase in Operating Income for the Nine Months Air Industries Group (AMEX:AIRI): Air Industries Group, an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors today announced significantly improved financial results for the three and nine-month periods ended September 30, 2021. Q3 Highlights Consolidated net sales increased by $692,000 or 5.1%, to $14.4 million compared with $13.7 million in Q3 2020. Consolidated gross profit increased $358,000, or 21.6%, to $2.0 million compared with $1.7 million in Q3 2020. Gross profit as a percentage of sales increased to 14.0% compared with 12.1% in 2020.

Air Industries Group (AMEX:AIRI): Air Industries Group will release its financial results for the three and nine months ended September 30, 2021, at approximately 8:30am on Wednesday November 3, 2021. The Company will also host a conference call for investors on Wednesday November 3, 2021 at 4:30pm Eastern. Investor Conference Call Conference Toll-Free Number 888-207-0293 Passcode – 558-858 ABOUT AIR INDUSTRIES GROUP Air Industries Group (AIRI) is an integrated manufacturer of complex machined products including landing gear, flight control, and jet turbine components for leading aerospace and defense prime contractors. FORWARD LOOKING STATEMENTS Certain matters discussed in this p

Significantly Improved Financial Results for Both the Three and Six Months Ended June 30, 2021 Air Industries Group (AMEX:AIRI): Air Industries Group, an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors today announced results for the three and six-month periods ended June 30, 2021. Q2 Highlights Receipt of $7.4 million order for ‘Thrust Struts', a critical component of the Geared Turbofan (GTF) Jet Engine. Our current fully funded backlog is $91.5 million. Consolidated net sales increased by $7.0 million, or 82.4%, to $15.5 million compared with $8.5 million in Q2 2020. Consolidated gross profit incre

Books over $22 Million in New Business in the First Quarter Alone Air Industries Group (AMEX:AIRI): Air Industries Group ("Air Industries" or the "Company"), an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors today announced its results for the three months ended March 31, 2021. Highlights For the three months ended March 31, 2021 compared to March 31, 2020 Consolidated net sales for the three months ended March 2021 were $13.7 million an increase of $300,000 or 2.2% compared to $13.4 million in 2020. Consolidated gross profit for the three months ended March 2021 was $1.8 million a decline of $400,000 or 1

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors, today announced its results for the three and twelve months ended December 31, 2020. Three Months ended December 31, 2020 compared to December 31, 2019 Consolidated net sales for the three months ended December 2020 was $14.5 million increasing $1.2 million or 9.0% from $13.3 million in 2019. Consolidated gross profit for the three months ended December 2020 was $2.1 million increasing $400,000 or 23.5% from $1.7 million