Cpi aerostructures reports third quarter and nine month 2023 results

Third quarter 2023 vs. third quarter 2022 revenue of $20.4 million compared to $20.2 million; gross profit of $3.7 million compared to $5.3 million; gross margin of 18.2% compared to 26.4%; net income of $0.3 million compared to $1.9 million; earnings per diluted share of $0.02 compared to $0.15; cash flow from operations of $0.0 million compared to $2.9 million.
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