Benzinga | Sep 30, 2020 04:21PM EDT

CPI Aerostructures Q1 EPS $(0.24) Down From $(0.08) YoY, Sales $16.90M Miss $28.00M Estimate

CPI Aerostructures (AMEX:CVU) reported quarterly losses of $(0.24) per share. This is a 200 percent decrease over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $16.90 million which missed the analyst consensus estimate of $28.00 million by 39.64 percent. This is a 33.94 percent decrease over sales of $25.58 million the same period last year.