Air Industries Group Reports Earnings Release Date
Air Industries Group (NYSE American: AIRI), a manufacturer of precision components for aerospace and defense contractors, has announced its upcoming financial results release. The company will disclose its financial results for Q2 and H1 2024 on Wednesday, August 14th, pre-market at 8:30am ET. Following this, Air Industries will host an Earnings Conference call at 4:30 ET to discuss the results. Interested parties can join the call by dialing 877-524-8416. An audio replay of the call will be made available on the company's investor relations website shortly after the call concludes.
Air Industries Group (NYSE American: AIRI), un produttore di componenti di precisione per i settori aerospaziale e della difesa, ha annunciato il rilascio dei suoi prossimi risultati finanziari. L'azienda comunicherà i suoi risultati finanziari per il Q2 e H1 2024 mercoledì 14 agosto, prima dell'apertura del mercato alle 8:30 ET. Dopo di ciò, Air Industries ospiterà una call di earnings alle 16:30 ET per discutere i risultati. Le parti interessate possono partecipare alla call componendo il numero 877-524-8416. Una registrazione audio della call sarà disponibile sul sito delle relazioni con gli investitori dell'azienda poco dopo la conclusione della chiamata.
Air Industries Group (NYSE American: AIRI), un fabricante de componentes de precisión para contratistas del sector aeroespacial y de defensa, ha anunciado la próxima publicación de sus resultados financieros. La compañía dará a conocer sus resultados financieros para el Q2 y H1 2024 el miércoles 14 de agosto, antes de la apertura del mercado a las 8:30 a.m. ET. Después de esto, Air Industries llevará a cabo una conferencia telefónica de ganancias a las 4:30 p.m. ET para discutir los resultados. Las partes interesadas pueden unirse a la llamada marcando el 877-524-8416. Una reproducción de audio de la llamada estará disponible en el sitio web de relaciones con inversores de la empresa poco después de que concluya la llamada.
에어 인더스트리 그룹(AIRI, NYSE American: AIRI)은 항공우주 및 방위 계약자를 위한 정밀 부품 제조업체로서 다가오는 재무 결과 발표를 알렸습니다. 회사는 2024년 2분기 및 상반기 재무 결과를 8월 14일 수요일, 시장 개장 전에 동부 표준시 기준 오전 8시 30분에 발표할 예정입니다. 이후 에어 인더스트리에서는 결과를 논의하기 위한 실적 발표 전화 회의가 오후 4시 30분 ET에 열릴 것입니다. 관심 있는 분들은 877-524-8416으로 전화하여 회의에 참여할 수 있습니다. 회의 종료 후 회사의 투자자 관계 웹사이트에서 회의의 오디오 녹음이 제공될 예정입니다.
Air Industries Group (NYSE American: AIRI), un fabricant de composants de précision pour les entrepreneurs en aérospatial et en défense, a annoncé la prochaine publication de ses résultats financiers. La société dévoilera ses résultats financiers pour le T2 et le S1 2024 le mercredi 14 août, avant l'ouverture des marchés à 8h30 ET. Par la suite, Air Industries organisera une conférence téléphonique sur les bénéfices à 16h30 ET pour discuter des résultats. Les parties intéressées peuvent rejoindre l'appel en composant le 877-524-8416. Un enregistrement audio de l'appel sera mis à disposition sur le site Web des relations avec les investisseurs de l'entreprise peu après la fin de l'appel.
Die Air Industries Group (NYSE American: AIRI), ein Hersteller von Präzisionskomponenten für die Luft- und Raumfahrt sowie Verteidigungsauftragnehmer, hat die bevorstehende Veröffentlichung ihrer finanziellen Ergebnisse angekündigt. Das Unternehmen wird am Mittwoch, den 14. August, vor Markteröffnung um 8:30 Uhr ET seine finanziellen Ergebnisse für Q2 und H1 2024 bekannt geben. Im Anschluss daran wird Air Industries eine Earnings Conference Call um 16:30 Uhr ET abhalten, um die Ergebnisse zu besprechen. Interessierte Parteien können sich unter 877-524-8416 in die Konferenz einwählen. Eine Audio-Wiedergabe des Calls wird kurz nach Abschluss des Calls auf der Investor-Relations-Website des Unternehmens verfügbar sein.
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Conference Call Information
At 4:30 ET that day, the Company will also host an Earnings Conference call to discuss its results. Individuals can access the call by dialing 877-524-8416. An audio replay of the call will be available on the Company’s investor relations website shortly thereafter.
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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