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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 06/27/2018)

Symbol: AIRI
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $2.50
Time Horizon: 12 Months
Rating Established: July 28, 2017
Price When Established: $1.38
Most Recent Report: June 27, 2018
Price When Issued: $1.87

What's New

Air Industries Reports 2Q18 Results

On August 15, 2018, Air Industries Group (NYSE AMEX: AIRI) reported results for its second quarter ended June 30, 2018.

For the quarter, the company reported revenue decreased 7.4% to $15.8 million from $17.1 million. Air Industries reported net income of $185,000 or $0.01 per share in 2Q18 versus a net loss of $2.7 million or $(0.36) per share in 2Q17. The net loss in 2Q17 included $764,000 or $(0.10) per share of cumulative preferred stock dividends.

Company Description

Air Industries Group, headquartered in Bay Shore, New York, operates primarily in the aerospace and defense industry. The company designs and manufactures structural parts and assemblies, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants and other components. Air Industries also provides sheet metal fabrication of aerostructures, tube bending and welding services.

Company Reports

Updated Research Report (Dated June 27, 2018)
Updated Research Report (Dated February 13, 2018)
Research Note Released (Dated July 28, 2017)
Updated Research Report (Dated September 30, 2016)
Updated Research Report (Dated December 15, 2015)
Updated Research Report (Dated October 1, 2015)
Updated Research Report (Dated April 17, 2015)
Updated Research Report (Dated December 9, 2014)
Updated Research Report (Dated August 21, 2014)
Updated Research Report (Dated June 20, 2014)
Initial Research Report (Dated December 18, 2013)


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