AP NEWS

Air Industries: 3Q Earnings Snapshot

November 20, 2018

HAUPPAUGE, N.Y. (AP) _ Air Industries Group (AIRI) on Monday reported a loss of $3.1 million in its third quarter.

The Hauppauge, New York-based company said it had a loss of 12 cents per share. Losses, adjusted to account for discontinued operations, came to 5 cents per share.

The maker of parts for the aerospace industry and defense contractors posted revenue of $11 million in the period.

The company’s shares closed at $1.19. A year ago, they were trading at $1.37.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIRI at https://www.zacks.com/ap/AIRI

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