CPI Aerostructures ([[CVU]] +16.2%) jumps after its Q3 beats estimates across the board. Revenues increased 28% Y/Y, primarily due to contract work done for Boeing ([[BA]] -0.5%) on the A-10 attack jet and on the E-2D surveillance airplane for Northrop Grumman ([[NOC]] -1%). The company raises its FY12 revenue guidance, now expecting revenues of $95M to $98M, above the Street estimate of $95M. (Seeking Alpha)
CPI Aerostructures (CVU +16.2%) jumps after its Q3 beats estimates across the
board. Revenues increased 28% Y/Y, primarily due to contract work done for
Boeing (BA -0.5%) on the A-10 attack jet and on the E-2D surveillance airplane
for Northrop Grumman (NOC -1%). The company raises its FY12 revenue guidance,
now expecting revenues of $95M to $98M, above the Street estimate of $95M.
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