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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:36 EDTAIRIAir Industries sees Q2 revenue $12.5M, one estimate $17.93M
Air Industries announced it anticipates that consolidated net sales for Q2 will be approximately $12.5M; a decrease of approximately $3M from first quarter net sales of $15.5M. During Q2 the company encountered delays in production of E2D landing gear. The company expects that these problems will be corrected in Q3 and Q4. The company still anticipates that we will have positive EBITDA for Q2.
News For AIRI From The Last 14 Days
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November 14, 2014
16:08 EDTAIRIAir Industries 'confident' about Q4, FY15
Peter Rettaliata, President of Air Industries, said, "We are confident that our results will improve in the fourth quarter and are also increasingly confident about 2015 due to increases in our backlog as a result of recent contract awards. Based upon near term projections predicated on orders in hand, we expect EBITDA to improve in the fourth quarter of this year, and this trend should continue next year."
16:07 EDTAIRIAir Industries reports Q3 EPS 5c, one estimate 9c
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