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Air Industries Group Reports Preliminary 2024 Results – Record Backlog and Automatic Extension to File Form 10-K

1. AIRI reported record levels of new business and backlog. 2. The company will file its annual report with a 15-day extension.

Earnings
-1.67%Current Return
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+0.73%S&P 500
$3.5903/31 07:07 AM EDTEvent Start
$3.5304/01 01:53 PM EDTLatest Updated
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FAQ

Why Bullish?

Record new business and backlog usually indicate future revenue growth, positively impacting stock prices. Historical cases show similar outcomes for companies with strong order backlogs.

How important is it?

The announcement of record new business directly informs investors about AIRI's growth potential, making it quite significant.

Why Short Term?

The news reflects immediate operational success which can influence near-term investor sentiment and stock performance.

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BANOCLMT
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced preliminary unaudited financial results for the calendar year ended December 31, 2024. The Company also reported record levels of new business and backlog and noted it will utilize the automatic 15-day extension to file its Annual Report on Form 10-K for the year ended Dec.

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