BAY SHORE, N.Y. (AP) — BAY SHORE, N.Y. (AP) — Air Industries Group (AIRI) on Wednesday reported a loss of $1 million in its first quarter.
On a per-share basis, the Bay Shore, New York-based company said it had a loss of 21 cents.
The maker of parts for the aerospace industry and defense contractors posted revenue of $11.6 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $2.90. A year ago, they were trading at $3.59.
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