earnings
confidence high
sentiment positive
materiality 0.70
Air Industries posts Q2 profit of $298K ($0.09/share) vs year-ago loss; revenue rises 2.8%
AIR INDUSTRIES GROUP
2025-Q2 EPS
reported -$0.12
vs consensus -$0.15
▲ beat
(+21.6%)
- Q2 net sales $13.572M (+2.8% YoY); gross margin expanded to 19.5% from 16.4%.
- Net income $298,000 ($0.09 per diluted share) versus net loss of ($395,000) in Q2 2023.
- Adjusted EBITDA $1.413M, up 47% from $961K.
- Reaffirms FY2024 net sales target of at least $50M; H2 sales expected to equal or exceed H1.
- Backlog exceeds $100M as of June 30, 2024; book-to-bill ratio >1.20 for trailing 12 months.