CPI Aerostructures ( (CVU) ) has released a notification of late filing.
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CPI Aerostructures, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the need for additional time to complete the compilation, review, and validation of information, particularly concerning adjustments related to the termination of the A-10 Program by The Boeing Company. The company expects to file the report within the prescribed extension period. Financially, CPI Aerostructures anticipates reporting a net loss of approximately $1.2 to $1.4 million, a significant change from the net income of $1.41 million in the same quarter last year. This loss is attributed to an unfavorable impact of approximately $2.1 to $2.3 million due to the program’s termination. The notification was signed by Pamela Levesque, the Interim Chief Financial Officer, indicating ongoing compliance efforts.
Spark’s Take on CVU Stock
According to Spark, TipRanks’ AI Analyst, CVU is a Neutral.
The overall stock score is primarily influenced by moderate financial performance and valuation. The company’s high leverage and declining revenue are significant concerns. Technical analysis indicates bearish momentum, further impacting the score.
To see Spark’s full report on CVU stock, click here.
More about CPI Aerostructures
Average Trading Volume: 37,444
Technical Sentiment Signal: Sell
Current Market Cap: $40.3M
Learn more about CVU stock on TipRanks’ Stock Analysis page.