Cpi aerostructures reports fourth quarter and full year 2023 results

Fourth quarter 2023 vs. fourth quarter 2022 revenue of $23.5 million compared to $24.1 million; gross profit of $4.1 million compared to $3.9 million; gross margin of 17.4% compared to 16.1%; net income of $14.8 million compared to net income of $6.8 million; earnings per share of $1.20 ($0.09 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of $1.11) compared to earnings per share of $0.55 ($0.03 excluding the fourth quarter 2022 deferred tax asset valuation allowance reduction of $0.52); cash flow from operations of $3.1 million compared to $0.1 million.
CVU Ratings Summary
CVU Quant Ranking