CPI Aero(CVU) - 2024 Q1 - Quarterly Results

CPI AEROSTRUCTURES REPORTS FIRST QUARTER 2024 RESULTS CPI AEROSTRUCTURES, INC. 8-K First Quarter 2024 vs. First Quarter 2023 Exhibit 99.1 EDGEWOOD, N.Y. – May 15, 2024 – CPI Aerostructures, Inc. ("CPI Aero" or the "Company") (NYSE American: CVU) today announced financial results for the three month period ended March 31, 2024. "As anticipated, our first quarter 2024 revenue was 13% lower than first quarter 2023, driven primarily by the completion of deliveries of Raytheon's Next Generation Jammer ("NGJ") Mi ...