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Air Industries Group (AIRI)
:AIRI
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.01Last Year’s EPS
0.09Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -2.29%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights several positive developments, including increased gross profit, a record book-to-bill ratio, and significant backlog, suggesting potential for future growth. However, these are tempered by decreased revenue and increased losses, both operating and net, due to stock compensation expenses. The sentiment is balanced, with optimism for future growth countered by current financial challenges.Company Guidance
During the first quarter of 2025, Air Industries Group reported a decrease in consolidated net sales to $12.1 million from $14.1 million in the same period of 2024. However, the gross margin improved by over $100,000, reaching approximately $2 million, with a gross margin percentage increase of 320 basis points to 16.8%. Operating expenses rose by 28.4% to $2.8 million, largely due to a $412,000 increase in stock compensation expense. Despite a net loss of $988,000 or $0.27 per share, compared to a loss of $706,000 or $0.21 per share in the first quarter of 2024, the adjusted EBITDA increased by nearly 60% to $576,000. The company's book-to-bill ratio stood at 1.34 to 1, reflecting a 20% improvement from the previous year, and its funded backlog reached a record $120 million, while the total backlog exceeded $0.25 billion. Additionally, Air Industries Group reaffirmed its belief that the full year of 2025 will surpass the results of 2024, despite variations in quarterly outcomes.Improved Gross Profit Despite Lower Sales
The company's gross profit increased in Q1 2025 despite a decrease in sales from $14.1 million in 2024 to $12.1 million in 2025, demonstrating improved operational efficiency.
Record Book-to-Bill Ratio
The book-to-bill ratio was 1.34 to 1, a 20% improvement from the prior year and an 80% increase since Q1 2023, indicating strong business development efforts and future sales growth.
Record Funded Backlog
The company's funded backlog reached a record $120 million, with the total backlog, including forecast orders, exceeding $0.25 billion.
Adjusted EBITDA Growth
Adjusted EBITDA for Q1 2025 increased by $214,000 or nearly 60% compared to Q1 2024, reaching $576,000.
Debt Reduction
Total debt was reduced by approximately $1.6 million compared to December 31, 2024.
AIRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AIRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $3.50 | $3.23 | -7.71% |
Mar 31, 2025 | $3.59 | $3.48 | -3.06% |
Nov 14, 2024 | $5.82 | $4.79 | -17.70% |
Aug 14, 2024 | $3.75 | $3.55 | -5.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Air Industries Group (AIRI) report earnings?
Air Industries Group (AIRI) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Air Industries Group (AIRI) earnings time?
Air Industries Group (AIRI) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AIRI EPS forecast?
AIRI EPS forecast for the fiscal quarter 2025 (Q2) is -0.01.