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
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced a partnership with All-System Aerospace International ("All-System Aerospace"), to expand access in the rapidly growing Foreign Military Sales ("FMS") market. The partnership agreement covers sales to 17 countries across Europe, the Middle East, Asia, and the Pacific, marking a major step forward in Air Industries' strategic goal to broadening manufacturing and distribution to allied militaries. Through this collaboration, Air Industries is poised to leverage All-System Aerospace's well-established internation
New 7-Year Contract Expands Backlog to over $280 Million 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 has received a $110 million, 7-year contract for the production of Thrust Struts used in the Geared Turbo-Fan (GTF) aircraft jet engine. Air Industries has been the sole supplier of this critical component since 2015. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240822786514/en/(Photo: Business Wire) The new contract will commence in January 2025 and extend through 2031 replacing an
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
SC 13D/A - AIR INDUSTRIES GROUP (0001009891) (Subject)
SC 13D/A - AIR INDUSTRIES GROUP (0001009891) (Subject)
SC 13D/A - AIR INDUSTRIES GROUP (0001009891) (Subject)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
8-K - AIR INDUSTRIES GROUP (0001009891) (Filer)
8-K - AIR INDUSTRIES GROUP (0001009891) (Filer)
8-K - AIR INDUSTRIES GROUP (0001009891) (Filer)
The Dow Jones index closed lower by around 0.2% on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Harvard Bioscience The Trade: Harvard Bioscience, Inc. (NASDAQ:HBIO) CEO James W Green bought a total of 20,000 shares at an average price of $3.07. To acquire these shares, it cost around $61,400. What's Happening: On May 7, Harvard Bioscience poste