Air Industries (AIRI)

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Air Industries Secures $110M Contract for GTF Engine Parts
ZACKS· 2024-08-28 17:26
Air Industries Group (AIRI) recently secured its largest contract, a $110 million deal to manufacture Thrust Struts for Geared Turbo-Fan (GTF) jet engines. This contract will begin in January 2025 and run through 2031.Successful delivery of the thrust struts is likely to bolster AIRI’s top-line performance. Following this contract win, the company’s backlog count has increased to more than $280 million.AIRI & Combat JetsAir Industries plays an important role in the military jet market as a leading manufactu ...
Air Industries (AIRI) - 2024 Q2 - Earnings Call Transcript
2024-08-15 17:12
Air Industries Group (NYSE:AIRI) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Lou Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer, Principal Accounting Officer and Secretary of the Company Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello, and welcome to the Air Industries Group Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer ...
Air Industries (AIRI) - 2024 Q2 - Quarterly Report
2024-08-14 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: June 30, 2024 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to_______ Commission File No. 001-35927 AIR INDUSTRIES GROUP (Exact name of registrant as specified in its charter) Nevada 80-0948413 (State or other jurisdiction ...
Air Industries (AIRI) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-14 14:41
Air Industries (AIRI) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.21 per share. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 142.86%. A quarter ago, it was expected that this maker of parts for the aerospace industry and defense contractors would post a loss of $0.12 per share when it actually produced a loss of $0.21, delivering a ...
Air Industries (AIRI) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-08-06 23:00
The most recent trading session ended with Air Industries (AIRI) standing at $3.27, reflecting a +1.87% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 1.04%. Elsewhere, the Dow saw an upswing of 0.76%, while the tech-heavy Nasdaq appreciated by 1.03%.Shares of the maker of parts for the aerospace industry and defense contractors have depreciated by 3.46% over the course of the past month, underperforming the Aerospace sector's gain of 3.74% and o ...
Air Industries (AIRI) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-29 23:01
The latest trading session saw Air Industries (AIRI) ending at $3.57, denoting a +0.56% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a tech-heavy index, added 0.07%.Prior to today's trading, shares of the maker of parts for the aerospace industry and defense contractors had gained 2.31% over the past month. This has lagged the Aerospace sector's gain of 4.32% and outpaced the S&P 500's loss of 0.21% in that time.In ...
Air Industries (AIRI) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-07-22 23:06
In the latest trading session, Air Industries (AIRI) closed at $3.50, marking a -1.41% move from the previous day. This move lagged the S&P 500's daily gain of 1.08%. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq added 1.58%.The maker of parts for the aerospace industry and defense contractors's stock has climbed by 10.25% in the past month, exceeding the Aerospace sector's loss of 1.16% and the S&P 500's gain of 0.43%.Analysts and investors alike will be keeping a close eye on the performanc ...
Air Industries (AIRI) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-07-15 23:06
Air Industries (AIRI) ended the recent trading session at $3.35, demonstrating a -0.89% swing from the preceding day's closing price. This change lagged the S&P 500's 0.28% gain on the day. At the same time, the Dow added 0.53%, and the tech-heavy Nasdaq gained 0.4%.Prior to today's trading, shares of the maker of parts for the aerospace industry and defense contractors had gained 1.5% over the past month. This has outpaced the Aerospace sector's loss of 2.51% and lagged the S&P 500's gain of 3.78% in that ...
Air Industries (AIRI) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-07-11 23:22
In the latest trading session, Air Industries (AIRI) closed at $3.29, marking a -0.9% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.88% for the day. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq decreased by 1.95%.The maker of parts for the aerospace industry and defense contractors's shares have seen a decrease of 7.78% over the last month, not keeping up with the Aerospace sector's loss of 3.69% and the S&P 500's ga ...
Air Industries (AIRI) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-27 23:20
Air Industries (AIRI) ended the recent trading session at $3.32, demonstrating a -0.9% swing from the preceding day's closing price. This change lagged the S&P 500's 0.09% gain on the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.3%.Shares of the maker of parts for the aerospace industry and defense contractors witnessed a loss of 11.14% over the previous month, trailing the performance of the Aerospace sector with its loss of 1.85% and the S&P 500's gain of 3 ...