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For the three months ended 31 March 2017, LMI Aerospace, Inc. revenues decreased 4% to $83.8M. Net loss increased from $1.8M to $6.5M. Revenues reflect Engineering segment decrease of 56% to $4.9M. Higher net loss reflects Aerostructures segment income decrease of 83% to $598K, Engineering segment loss totaling $1.4M vs. income of $191K. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.14 to -$0.49.
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 83.82 | 85.18 | 89.67 | 83.99 |
Gross Profit | 12.44 | 12.19 | 15.85 | 15.54 |
Operating Income | -0.91 | 1.39 | 5.7 | -24.84 |
Net Income | -6.47 | -3.76 | 0.31 | -29.9 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 398.84 | 383.63 | 385.44 | 387.81 |
Total Liabilities | 318.07 | 298.09 | 296.58 | 299.53 |
Total Equity | 80.77 | 85.54 | 88.86 | 88.28 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -16.37 | 14.55 | -0.32 | -2.95 |
Cash From Investing Activities | -8.1 | -11.17 | -7.64 | -3.98 |
Cash From Financing Activities | 22.7 | -11.39 | -0.74 | 0.01 |
Net Change in Cash | -1.77 | -8.01 | -8.7 | -6.92 |
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