Earnings Call Summary | Air Industries Group(AIRI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Air Industries Group(AIRI.US) Q1 2024 Earnings Conference
The following is a summary of the Air Industries Group (AIRI) Q1 2024 Earnings Call Transcript:
以下是航空工業集團(AIRI)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Air Industries Group reported a Q1 2024 consolidated net sales of $14 million, higher than Q1 2023's $12.5 million and Q4 2023's $13.5 million.
Gross profit as a percentage of sales was 13.6%, a decrease from previous quarters due to new product impacts and issues in the Connecticut manufacturing facility.
The operating loss was $259,000, largely due to the lower gross profit, an increase from Q1 2023's loss of $158,000.
The company reported a net loss of $706,000 for the quarter, compared to Q1 2023's loss of $618,000.
Adjusted EBITDA was $362,000 in 2024, showing a drop from $578,000 in 2023.
航空工業集團報告稱,2024年第一季度的合併淨銷售額爲1,400萬美元,高於2023年第一季度的1,250萬美元和2023年第四季度的1,350萬美元。
由於新產品的影響和康涅狄格州製造工廠的問題,毛利佔銷售額的百分比爲13.6%,比前幾個季度有所下降。
營業虧損爲25.9萬美元,這主要是由於毛利潤減少,較2023年第一季度的15.8萬美元虧損有所增加。
該公司報告本季度淨虧損70.6萬美元,而2023年第一季度的虧損爲61.8萬美元。
2024年,調整後的息稅折舊攤銷前利潤爲36.2萬美元,較2023年的57.8萬美元有所下降。
Business Progress:
業務進展:
The company achieved bookings of $12.95 million and increased its backlog to $99.3 million, with a quarterly book-to-bill ratio of 0.92 to 1.
By the end of March 2024, they reported total contracts awarded at $179.1 million.
Initial production on several new programs for new customers was initiated in Q1 2024.
The firm announced an $8.2 million order for Black Hawk and H-92 components, with plans to refine operations and accelerate products in the coming year.
The company targets net sales for fiscal 2024 to be at least $50 million, expecting an improved adjusted EBITDA compared to 2023.
該公司的預訂量爲1,295萬美元,積壓量增加到9,930萬美元,季度賬面賬單比率爲0.92比1。
截至2024年3月底,他們報告授予的合同總額爲1.791億美元。
針對新客戶的幾項新計劃的初始生產已於 2024 年第一季度開始。
該公司宣佈訂購820萬美元的Black Hawk和H-92零部件,並計劃在來年完善運營並加快產品進度。
該公司的目標是2024財年的淨銷售額至少爲5000萬美元,預計調整後的息稅折舊攤銷前利潤將比2023年有所改善。
More details: Air Industries Group IR
更多詳情: 航空工業集團 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。