BAY SHORE, N.Y. (AP) — BAY SHORE, N.Y. (AP) — Air Industries Group (AIRI) on Thursday reported a loss of $988,000 in its first quarter.
The Bay Shore, New York-based company said it had a loss of 27 cents per share.
The maker of parts for the aerospace industry and defense contractors posted revenue of $12.1 million in the period.
The company’s shares closed at $3.21. A year ago, they were trading at $6.90.
_____
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
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
