CPI Aerostructures, Inc. (“CPI Aero”) (NYSE Amex: CVU) announced preliminary results for the fourth quarter and year ended December 31, 2009.
Fourth quarter 2009 revenue was approximately $12.7 million, the highest revenue quarter in the Company’s history, which resulted in a quarterly net income of approximately $1.5 million. CPI Aero’s 2009 full year revenue increased to approximately $43.9 million, the highest annual revenue the Company has ever achieved, resulting in 2009 net income of approximately $3.9 million, an increase of approximately 50% over 2008 net income.
CPI Aerostructures, Inc. will issue its financial results for the fourth quarter and year-end December 31, 2009 on Tuesday, March 23rd prior to the opening of the stock market. Mr. Fred and CFO, Vincent Palazzolo will host a conference call at 11:00 am ET that day to discuss these results as well as recent corporate developments.
Tags: Conference, CPI Aerostructures









































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