Cpi aerostructures to restate fiscal 2018 and year-to-date fiscal 2019 financial statements

Cpi aerostructures to restate fiscal 2018 and year-to-date fiscal 2019 financial statements as a result of errors in connection with revenue recognition under asc topic 606.cpi aerostructures inc - no expected impact on cash flows for relevant fiscal periods.cpi aerostructures inc - announces departure of chief financial officer.cpi aerostructures- appointed current director of financial planning and analysis, thomas powers, to position of acting cfo.cpi aerostructures -management found that material weakness existed in internal control over financial reporting as of end of each of affected periods.
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