Brief: Air Industries Group Expects Q3 Results To Be Significantly Better And Improve Further In Q4 Of 2020

Air Industries

03/08/2020 16:22

Aug 3 (Reuters) - Air Industries Group  AIRI.A :
    * AIR INDUSTRIES GROUP CEO UPDATES GROWTH STRATEGY,
ANNOUNCES
SUBSTANTIAL, OPPORTUNISTIC INVESTMENTS IN NEW MACHINERY, GIVES
NEAR TERM REVENUE GUIDANCE, ANNOUNCES THIRD QUARTER EARNINGS
CONFERENCE CALL
    * AIR INDUSTRIES GROUP - DURING JULY, AIR INDUSTRIES HAS
ISSUED
PURCHASE ORDERS FOR OVER $ 2.5 MILLION IN NEW MACHINERY
    * AIR INDUSTRIES GROUP - SUFFERED INCREASED EMPLOYEE
ABSENTEEISM &
DISRUPTION IN Q2, WHICH CAUSED A DECLINE IN REVENUE FOR QUARTER
    * AIR INDUSTRIES GROUP - EXPECT Q3 RESULTS TO BE
SIGNIFICANTLY
BETTER AND IMPROVE FURTHER IN Q4 OF 2020 AND BEYOND

Source text for Eikon:  ID:nBw40rKn4a 
Further company coverage:  AIRI.A 

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