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CVU CPI Aerostructures News Story

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Brief: Cpi Aerostructures Reports Fourth Quarter 2020 Results

April 16 (Reuters) - CPI Aerostructures Inc  CVU.A :
    * CPI AEROSTRUCTURES REPORTS FOURTH QUARTER 2020 RESULTS
    * Q4 EARNINGS PER SHARE $0.11
    * Q4 REVENUE $25.4 MILLION VERSUS $22.7 MILLION
    * QTRLY REVENUE GROWTH WAS DRIVEN BY CONTINUED EFFECTIVE
EXECUTION
OF OUR FUNDED MILITARY BACKLOG
    * CPI AEROSTRUCTURES - FUNDED BACKLOG OF $170 MILLION BOOSTS
CONFIDENCE IN OUTLOOK FOR HIGHER REVENUE, OPERATING INCOME,
OPERATING CASH FLOW IN 2021 VERSUS 2020

Source text for Eikon:  ID:nGNXc1TRLs 
Further company coverage:  CVU.A 

 ((Reuters.Briefs@thomsonreuters.com;))

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