Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $8.55 USD
Change Today -0.08 / -0.93%
Volume 790.0
As of 8:04 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

air industries group (AIRI) Snapshot

Open
$8.42
Previous Close
$8.63
Day High
$8.56
Day Low
$8.42
52 Week High
10/27/14 - $12.24
52 Week Low
08/24/15 - $5.86
Market Cap
64.6M
Average Volume 10 Days
7.3K
EPS TTM
$-0.08
Shares Outstanding
7.6M
EX-Date
07/30/15
P/E TM
--
Dividend
$0.60
Dividend Yield
7.02%
Current Stock Chart for AIR INDUSTRIES GROUP (AIRI)

Related News

No related news articles were found.

air industries group (AIRI) Related Businessweek News

No Related Businessweek News Found

air industries group (AIRI) Details

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through Complex Machining, Aero structures and Electronics, and Turbine Engine Components segments. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services. The company’s products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Blackhawk and CH-47 Chinook helicopters, Lockheed Martin's F-35 Joint Strike Fighter, Northrop Grumman's E2D Hawkeye, Boeing's 777, Airbus' 380 commercial airliners, and the U.S. Navy F-18 and USAF F-16 fighter aircraft. It also produces electromechanical systems, and harness and cable assemblies; and fabricates electronic equipment and printed circuit boards, as well as engages in machining of turbine engine components and the assembly of packages. In addition, the company manufactures welded and brazed chassis structures housing electronics; and military packaging and supplies. It serves aircraft manufacturers, subcontractors, and original equipment manufacturers. The company was incorporated in 2006 and is based in Hauppauge, New York.

379 Employees
Last Reported Date: 03/31/15
Founded in 2006

air industries group (AIRI) Top Compensated Officers

President of Air Industries Machining Corpora...
Total Annual Compensation: $235.0K
General Manager of NTW
Total Annual Compensation: $256.0K
Compensation as of Fiscal Year 2014.

air industries group (AIRI) Key Developments

Air Industries Group Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reiterates Earnings Guidance for the Full Year 2015

Air Industries Group reported earnings results for the second quarter and six months ended June 30, 2015. Consolidated net sales were $19,057,000, an increase of $5,697,000 or 42.6% compared to consolidated net sales of $13,360,000 for the comparable period last year. Consolidated operating income was $72,000, a decrease of $185,000 or 72.0% from $257,000 for the comparable period last year. Consolidated loss before taxes was $418,000, a decrease of $309,000 or 283.5% from $109,000 for the comparable period last year. Consolidated net loss was $601,000, a decrease of $1,217,000 or 197.6% compared with consolidated net income of $616,000 for the three months ended June 30, 2014. Diluted loss per common share were $0.08 for three months ended June 30, 2015 a decrease of $0.17 or approximately 185.1 from diluted earnings per common share of $0.09 for the three months ended June 30, 2014. For the six months ended June 30, 2015, consolidated net sales were $35,868,000, an increase of $7,055,000 or 24.5% compared to consolidated net sales of $28,813,000 for the comparable period last year. Consolidated operating income was $538,000, a decrease of $948,000 or 63.8% from $1,486,000 for the comparable period last year. Consolidated loss before taxes was $290,000, a decrease of $1,106,000 or 135.5% from consolidated income before taxes of $816,000 for the comparable period last year. Consolidated net loss was $497,000, a decrease of $1,454,000 or 151.9% compared with consolidated net income of $957,000 for the six months ended June 30, 2014. Diluted loss per common share were $0.07 for the six months ended June 30, 2015 a decrease of $0.22 or approximately 144.7% from diluted earnings per common share of $0.15 for the comparable period last year. The company plan to deliver on guidance of revenue and EBITDA for 2015 of $85 to $95 million and $10 to $13 million respectively.

Air Industries Group to Report Q2, 2015 Results on Aug 10, 2015

Air Industries Group announced that they will report Q2, 2015 results on Aug 10, 2015

Air Industries Group, Q2 2015 Earnings Call, Aug 10, 2015

Air Industries Group, Q2 2015 Earnings Call, Aug 10, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AIRI:US $8.55 USD -0.08

AIRI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Heroux-Devtek Inc C$11.53 CAD +0.07
View Industry Companies
 

Industry Analysis

AIRI

Industry Average

Valuation AIRI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 2.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AIR INDUSTRIES GROUP, please visit www.airindustriesgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.