{"schema_version":"secwatch.filing_event.v1","accession":"0001999371-24-014677","form_type":"8-K","ticker":"CVU","cik":"0000889348","company_name":"CPI AEROSTRUCTURES INC","filed_at":"2024-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.278447+00:00","generated_at":"2026-05-30T00:42:30.858629+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CPI Aerostructures Q3 net income up 149% to $0.7M; gross margin 21.7%","bullets":["Revenue $19.4M (down 5% YoY); gross profit $4.2M; net income $0.7M ($0.06 EPS) vs $0.3M ($0.02 EPS).","Gross margin 21.7% vs 18.2% (350 bps improvement) on improved product mix and efficiencies.","Adjusted EBITDA $1.7M, up 15.6% from $1.4M; operating cash flow $0.7M vs $0.0M.","Debt reduced to $18.2M from $20.9M; Debt-to-Adjusted EBITDA ratio 2.5, seventh consecutive quarter below 3.0.","Received L3Harris award for Next Generation Jammer Low Band Pod; backlog $506M as of Sep 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001999371-24-014677","json":"https://secwatch.observer/filing/0001999371-24-014677.json","markdown":"https://secwatch.observer/filing/0001999371-24-014677.md","text":"https://secwatch.observer/filing/0001999371-24-014677.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889348/000199937124014677/0001999371-24-014677-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889348/000199937124014677/cvu-8k_111324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T00:42:30.858629+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}