Air Industries (AIRI) said Thursday it secured two contracts with a combined value of $5M.AIRI''s unit Air Industries Machining was awarded an ~$2.2M five-year long-term agreement…
Air Industries Group (NYSE American: 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 won two important contracts with a combined total value of $5.0 million. The Company’s Air Industries Machining Corp. (AIM) subsidiary
The following slide deck was published by Air Industries Group in conjunction with this event.
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: 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 Lou Melluzzo, President and CEO of Air Industries, and Michael Recca, CFO, will present at the Sidoti & Company LLC, Micro-Cap Virtual Investor Conference on Wednesday, August 17 at 1:45 – 2:15 PM (ET). To vi
Air Industries Group (NYSE:NYSE:AIRI) Q2 2022 Earnings Conference Call August 8, 2022 04:15 PM ET Company Participants Luciano Melluzzo - CEO Michael Recca - CFO Conference Call…
Air Industries press release (AIRI): Q2Revenue of $14M (-9.7% Y/Y) beats by $0.3M.Net loss for the three months ended June 30, 2022 was $7,000, compared with net income of $239,000 in…
Webster Bank (formerly Sterling National Bank) has agreed to expand the size of the existing term loan of the precision assemblies and components manufacturer, Air Industries…
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: 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 Webster Bank (formerly Sterling National Bank) has agreed to expand the size of its existing Term Loan and establish a Capital Expenditure Line of Credit to finance future purchases of machinery and equipment. Th
Companies Reporting Before The Bell • New Gold (AMEX: NGD ) is estimated to report quarterly earnings at $0.03 per share on revenue of $212.42 million. • InMode (NASDAQ: INMD ) is likely to report quarterly earnings at $0.37 per share on revenue of $80.24 million. • Air Industries (AMEX: AIRI ) is likely to report quarterly earnings at $0.01 per share on revenue of $15.40 million. • Enel Americas (NYSE: ENIA ) is expected to report quarterly earnings at $0.16 per share on revenue of $3.46 billion. • WEC Energy Gr (NYSE: WEC ) is expected to report quarterly earnings at $1.66 per share on revenue of $2.73 billion. • Enterprise Prods Partners (NYSE: EPD ) is expected to report quarterly earnings at $0.53 per share on revenue of $10.51 billion. • Galmed Pharmaceuticals (NASDAQ: GLMD ) is likely to report earnings for its fourth quarter. • Axsome Therapeutics (NASDAQ: AXSM ) is expected to report earnings for its first quarter. • Park Hotels & Resorts (NYSE: PK ) is projected to report quarterly loss at $0.
Urban One, Inc. (UONE) with the stream of 2.33% also noticed, India Air Industries Group (AIRI) encountered a rapid change of 4.96% in the last hour of Tuesdays trading session. The post Hot Stock to Observe: Urban One, Inc. (NASDAQ:UONE), Air Industries Group (AMEX:AIRI) appeared first on Stocks Equity .
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, is pleased to announce that it has received a follow-on Long-Term Agreement (LTA) to produce landing gear components for the F-35 Joint Strike Fighter Aircraft. The LTA from our customer estimates purchases of between $12 and $18 million
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 assemblies and components for leading aerospace and defense prime contractors, is pleased to announce that it has received a $7.4 Million order for Thrust Struts, a critical component of the Geared Turbofan (GTF) Jet Engine. This release is part of a previously announced Long-Term Agreement (LTA). Mr. Lou Melluzzo, CEO of
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX: AIRI): The Company will host a conference call for investors on Wednesday May 12, 2021 at 4:30 PM Eastern. Investor Conference Call Conference Toll-Free Number 888-207-0293 Passcode 488912 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
BAY SHORE, N.Y. (AP) _ Air Industries Group (AIRI) on Tuesday reported a loss of $152,000 in its first quarter. The Bay Shore, New York-based company said it had a loss of less than 1 cent on a per-share basis. The maker of parts for the aerospace industry and defense contractors posted revenue of $13.7 []
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 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 incre
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 incr
Air Industries Group shares closed this week 23.0% lower than it did at the end of last week. The stock is currently up 25.2% year-to-date, up 19.4% over the past 12 months, and down 75.3% over the past five years. This week, the Dow Jones Industrial Average fell 1.7%, and the S&P 500 fell 2.5%. Trading Activity Shares traded as high as $1.98 and as low as $1.47 this week.Shares closed 4e+1% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 29.2% lower than the 10-day average and 58.6% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 220.9% The company's stock price performance over the past 12 months beats the peer average by 385.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Air Industries Group shares closed 1.0% higher than its previous 52 week high, giving the company a market cap of $61M. The stock is currently up 56.9% year-to-date, up 22.9% over the past 12 months, and down 70.8% over the past five years. This week, the Dow Jones Industrial Average rose 2.3%, and the S&P 500 rose 2.3%. Trading Activity Trading volume this week was 1.3% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 396.5% The company's stock price performance over the past 12 months beats the peer average by -283.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Air Industries Group shares closed this week 25.2% higher than it did at the end of last week. The stock is currently up 41.5% year-to-date, up 10.8% over the past 12 months, and down 73.8% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.8%. Trading Activity Shares traded as high as $1.80 and as low as $1.40 this week.Shares closed 0% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 36.0% higher than the 10-day average and 10.1% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 386.2% The company's stock price performance over the past 12 months beats the peer average by -173.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Air Industries Group shares closed 0.6% higher than its previous 52 week high, giving the company a market cap of $54M. The stock is currently up 40.7% year-to-date, up 10.2% over the past 12 months, and down 74.7% over the past five years. This week, the Dow Jones Industrial Average rose 1.5%, and the S&P 500 rose 2.3%. Trading Activity Trading volume this week was 15.5% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 8.7% higher than its 5-day moving average, 15.4% higher than its 20-day moving average, and 39.1% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 399.7% The company's stock price performance over the past 12 months beats the peer average by -178.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Air Industries Group shares closed 8.1% higher than its previous 52 week high, giving the company a market cap of $48M. The stock is currently up 25.2% year-to-date, down 1.9% over the past 12 months, and down 76.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.3%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 6.5% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 578.3% The company's stock price performance over the past 12 months beats the peer average by -88.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE AMEX: AIRI): Air Industries Group (“Air Industries”) announced it has reached an agreement (“Settlement Agreement”) to resolve its post-closing working capital adjustment dispute with CPI Aerostructures, Inc. In a motion filed by CPI Aero against Air Industries in the Supreme Court of the State of New York arising out of the working capital dispute, CPI Aero sought, among other things, a judgment against Air Industries in the amount o
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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, is pleased to announce that it has received two new orders totaling approximately $9.6 million and new orders (bookings) for the third quarter ending September 30, 2020. The first order is for landing gear for the US Navy’s E2-D Advanced
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 nine months ended September 30, 2020. Sales for the third quarter were approximately $ 13.7 million, increasing $ 5.2 million or 61% compared to the second quarter during the height of the pan
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Bay Shore, NY -- (Business Wire) – October 28, 2020 – Air Industries Group (NYSE AMEX: AIRI): Air Industries will release its financial results for the three and nine months ended September 30, 2020 after the market closes, at approximately 4:30 pm on Thursday October 29, 2020. The Company will also host a conference call for investors on Friday October 30, 2020 at 8:30 am, Eastern Time. Investor Conference Call Management will host a conference call on Friday,
Astronics (NASDAQ:ATRO) and Air Industries Group (NYSE:AIRI) are both small-cap aerospace companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, risk, profitability and earnings. Institutional & Insider Ownership 64.5% of Astronics shares are owned by institutional investors. Comparatively, 8.1% […]
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 six months ended June 30, 2020. Highlights For the three months ended June 30, 2020 compared to June 30, 2019 Consolidated net sales for the three months ended June 2020 were $8.5 million a dec
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 that it is evolving and accelerating its growth strategy in response to the pandemic induced severe contraction occurring in the Aerospace industry. Lou Melluzzo, CEO of Air Industries said, “I am very excited about the opp
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 first calendar quarter of 2020. Highlights Consolidated net sales for the three months ended March 2020 were $13.4 million a decline of $500,000 or (3%) compared to $13.9 million in 2019. Consolidated gr
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 fiscal 2019 results. Fiscal 2019 Highlights from Continuing Operations Consolidated net sales from continuing operations were $54.6 million in 2019 a significant increase of $10.1 million or 23% compared to $44.5 millio
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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, is pleased to announce that it has received a firm order for $ 9.3 Million for “Thrust Struts,” a critical component in the Pratt & Whitney Geared-Turbo-Fan (“GTF”) jet engine. This purchase order is part of a contract, Long-Term Agre
Air Industries' (AIRI) revenues are likely to have witnessed a boost in the fourth quarter on increased demand for structural parts and components.
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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, is pleased to announce that it has received a significant new Long-Term Agreement (LTA or Agreement) through its subsidiary Air Industries Machining Corporation (AIM). This five-year LTA is for “Thrust Struts,” a critical component of the
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 is pleased to announce that on December 31, 2019 it entered into a new 3-year, $19.8 million credit facility, consisting of a $16 million revolving credit line, and a $3.8 million term loan. Proceeds of the refinancing will repay the Compa
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE AMEX:AIRI) (“Air Industries” or the “Company”), an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors is pleased to announce that it has received major new contract awards totaling $18.2 million, and potential follow-on orders for an additional $13.7 million. Air Industries Machining Corporation, a unit of our Complex Machining Sector, received firm orders total
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--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 announced today its results for the three and nine months ended September 30, 2019. Air Industries reports positive net income for the three months and continued significant improvement compared to the same periods in 2018. Highlights from
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