CPI Aerostructures Q1 revenue rises, net income turns positive
CPI Aerostructures, Inc. CVU | 0.00 |
Overview
US aerospace & defense contractor's Q1 revenue rose yr/yr to $17.4 mln
Net income swung to $1.2 mln profit from $1.3 mln loss a year ago
Gross margin expanded to 25.8% from 10.7%, driven by product mix and efficiencies
Outlook
Company says strong backlog and improved profitability position it for continued momentum in 2026
CPI Aero preparing for missile production, expanding presence in high-growth missile and autonomous systems markets
Company reports total backlog of $495 mln supported by recent contract awards
Result Drivers
PRODUCT MIX - Co said a more favorable product mix contributed to higher gross margin and improved profitability
OPERATIONAL EFFICIENCIES - Co attributed margin expansion and earnings growth to operational efficiencies
PROGRAM EXECUTION - Co said continued execution across key Aerospace & Defense programs supported results
Company press release: ID:nGNX9XfNfs
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Revenue |
|
$17.40 mln |
|
Q1 EPS |
|
$0.10 |
|
Q1 Net Income |
|
$1.20 mln |
|
Q1 Gross Margin |
|
25.80% |
|
Q1 Gross Profit |
|
$4.50 mln |
|
Analyst Coverage
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago
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