earnings
confidence high
sentiment negative
materiality 0.70
CPI Aerostructures Q2 2025 revenue $15.2M, net loss $1.3M, A-10 write-off $2.3M
CPI AEROSTRUCTURES INC
2025-Q2 EPS reported
-$0.21
revenue$30,579,716
- Revenue $15.2M vs $20.8M YoY; net loss $1.3M vs profit $1.4M; EPS loss $0.10 vs $0.11 profit.
- A-10 Program write-off of $2.3M in Q2 due to Boeing termination; total six-month impact $4.5M.
- Adjusted EBITDA loss $1.7M; without A-10 impact $0.6M positive.
- Debt reduced to $16.2M (all-time low); backlog $506M with new awards from Raytheon, Sikorsky, Lockheed, US Air Force, Embraer.
- Material weakness in internal control over financial reporting related to debt covenant; no bearing on results, remediation underway.
item 2.02item 9.01