CPI Aerostructures, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 22.02 million compared to USD 20.14 million a year ago. Net income was USD 0.983305 million compared to net loss of USD 0.032931 million a year ago.

Basic earnings per share from continuing operations was USD 0.08. Diluted earnings per share from continuing operations was USD 0.08.