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CPI: 4Q Earnings Snapshot

EDGEWOOD, N.Y. (AP) _ CPI Aerostructures Inc. (CVU) on Wednesday reported a fourth-quarter loss of $800,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Edgewood, New York-based company said it had a loss of 7 cents. Earnings, adjusted for non-recurring costs, came to 21 cents per share.

The maker of aircraft parts for the armed forces and defense contractors posted revenue of $26.5 million in the period.

For the year, the company reported profit of $2.3 million, or 24 cents per share. Revenue was reported as $83.9 million.

CPI expects full-year revenue in the range of $98 million to $102 million.

CPI shares have climbed 7.5 percent since the beginning of the year. The stock has decreased 16 percent in the last 12 months.

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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