earnings
confidence high
sentiment negative
materiality 0.75
Air Industries Q2 net loss $422k, revenue down 7%; lowers H2 outlook
AIR INDUSTRIES GROUP
2025-Q2 EPS reported
-$0.38
revenue$24,802,000
- Q2 net sales $12.7M, down 6.7% YoY; net loss of $422k vs income of $298k in Q2 2024.
- Adjusted EBITDA fell to $893k from $1.413M; gross margin dropped 350 bps to 16.0%.
- First half net loss $1.4M vs $0.4M; revenue down 10.2% to $24.8M.
- CEO cites customer order delays & subcontractor lead times; expects H2 2025 lower than H1.
- July ATM raised $4.0M; workforce reduction to cut annual payroll ~$1.0M.