Cpi aerostructures reports second quarter and six month 2024 results

Second quarter 2024 vs. second quarter 2023 revenue of $20.8 million compared to $20.5 million; gross profit of $5.1 million compared to $4.6 million; gross margin of 24.6% compared to 22.4%; net income of $1.4 million compared to $1.2 million; earnings per diluted share of $0.11 compared to $0.09; adjusted ebitda (1) of $2.6 million compared to $2.1 million; cash flow used in operations of $(0.6) million compared to $0.0 million.
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