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CPI: 3Q Earnings Snapshot

EDGEWOOD, N.Y. (AP) _ CPI Aerostructures Inc. (CVU) on Thursday reported third-quarter net income of $1.3 million.

On a per-share basis, the Edgewood, New York-based company said it had profit of 15 cents.

The maker of aircraft parts for the armed forces and defense contractors posted revenue of $19.9 million in the period.

CPI expects full-year revenue in the range of $82 million to $85 million.

CPI shares have fallen 15 percent since the beginning of the year. The stock has declined 13 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVU at https://www.zacks.com/ap/CVU