Air Industries Group Announces Earnings Release Date
Air Industries Group (NYSE: AIRI), a manufacturer of precision components for aerospace and defense contractors, has announced it will release its financial results for Q3 and the first nine months of 2024 on Thursday, November 14th before market open at 7:00 AM ET. The company will host an earnings conference call the same day at 4:30 PM ET, with the conference call-in number set at 877-524-8416.
Air Industries Group (NYSE: AIRI), un produttore di componenti di precisione per appaltatori nel settore aerospaziale e della difesa, ha annunciato che rilascerà i suoi risultati finanziari per il terzo trimestre e i primi nove mesi del 2024 giovedì 14 novembre prima dell'apertura del mercato alle 7:00 ET. L'azienda ospiterà una call per la conferenza sugli utili lo stesso giorno alle 16:30 ET, con il numero per accedere alla conferenza fissato a 877-524-8416.
Air Industries Group (NYSE: AIRI), un fabricante de componentes de precisión para contratistas de la industria aeroespacial y de defensa, ha anunciado que publicará sus resultados financieros del tercer trimestre y de los primeros nueve meses de 2024 el jueves 14 de noviembre antes de la apertura del mercado a las 7:00 AM ET. La empresa llevará a cabo una conferencia de beneficios el mismo día a las 4:30 PM ET, con el número de acceso a la conferencia establecido en 877-524-8416.
Air Industries Group (NYSE: AIRI), 항공 우주 및 방산 계약자를 위한 정밀 부품 제조업체가 2024년 3분기 및 첫 아홉 개월에 대한 재무 결과를 11월 14일 목요일, 동부 표준시 기준 오전 7시에 시장 개장 전에 발표할 것이라고 발표했습니다. 회사는 같은 날 오후 4시 30분에 실적 발표 컨퍼런스 콜을 개최하며, 컨퍼런스 콜 접속 번호는 877-524-8416으로 설정되어 있습니다.
Air Industries Group (NYSE: AIRI), un fabricant de composants de précision pour les sous-traitants du secteur aérospatial et de la défense, a annoncé qu'il publiera ses résultats financiers pour le troisième trimestre et les neuf premiers mois de 2024 le jeudi 14 novembre avant l'ouverture du marché à 7h00 ET. L'entreprise organisera un appel de conférence sur les résultats le même jour à 16h30 ET, avec le numéro d'appel pour la conférence fixé à 877-524-8416.
Air Industries Group (NYSE: AIRI), ein Hersteller von Präzisionsteilen für die Luft- und Raumfahrt- sowie Verteidigungsindustrie, hat angekündigt, dass es seine finanziellen Ergebnisse für das 3. Quartal und die ersten neun Monate des Jahres 2024 am Donnerstag, dem 14. November, vor Markteröffnung um 7:00 Uhr ET veröffentlichen wird. Das Unternehmen wird am gleichen Tag um 16:30 Uhr ET eine Ergebnispräsentationskonferenz abhalten, und die Konferenzteilnehmernummer ist auf 877-524-8416 festgelegt.
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Conference Call Information
The company will host an earnings conference call Thursday, November 14th at 4:30 pm Eastern. The conference call-in number is 877–524–8416
ABOUT AIR INDUSTRIES GROUP
Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight controls, engine mounts and components for aircraft jet engines, ground turbines and other complex machines. Whether it is a small individual component or complete assembly, its high quality and extremely reliable products are used in mission critical operations that are essential for the safety of military personnel and civilians.
FORWARD LOOKING STATEMENTS
Certain matters discussed in this press release are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace, future revenues, earnings and Adjusted EBITDA, the ability to realize firm backlog and projected backlog, cost cutting measures, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the timing of projects due to variability in size, scope and duration, the inherent discrepancy in actual results from estimates, projections and forecasts made by management, regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
NON-GAAP FINANCIAL MEASURES
The Company uses Adjusted EBITDA, a Non-GAAP financial measure as defined by the SEC, as a supplemental profitability measure because management finds it useful to understand and evaluate results, excluding the impact of non-cash depreciation and amortization charges, stock based compensation expenses, and nonrecurring expenses and outlays, prior to consideration of the impact of other potential sources and uses of cash, such as working capital items. This calculation may differ in method of calculation from similarly titled measures used by other companies and may be different than the EBITDA calculation used by our lenders for purposes of determining compliance with our financial covenants. This Non-GAAP measure may have limitations when understanding performance as it excludes the financial impact of transactions such as interest expense necessary to conduct the Company’s business and therefore are not intended to be an alternative to financial measure prepared in accordance with GAAP. The Company has not quantitatively reconciled its forward looking Adjusted EBITDA target to the most directly comparable GAAP measure because items such as amortization of stock-based compensation and interest expense, which are specific items that impact these measures, have not yet occurred, are out of the Company’s control, or cannot be predicted. For example, quantification of stock-based compensation is not possible as it requires inputs such as future grants and stock prices which are not currently ascertainable.
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Air Industries Group
Chief Financial Officer
631-328-7039
Anyone wishing to contact us or send a message can also do so by visiting: www.airindustriesgroup.com/contact-us
Source: Air Industries Group
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