Air Industries: Q3 Earnings Snapshot

BAY SHORE, N.Y. (AP) — BAY SHORE, N.Y. (AP) — Air Industries Group (AIRI) on Monday reported third-quarter net income of $946,000, after reporting a loss in the same period a year earlier.

The Bay Shore, New York-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs, were 31 cents per share.

The maker of parts for the aerospace industry and defense contractors posted revenue of $14.6 million in the period.

The company's shares closed at $2.80. A year ago, they were trading at $3.01.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIRI at https://www.zacks.com/ap/AIRI