Air Industries Group (FRA:YH1)
€ 4.2 -0.06 (-1.41%) Market Cap: 14.45 Mil Enterprise Value: 39.65 Mil PE Ratio: 0 PB Ratio: 1.04 GF Score: 54/100
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Q1 2021 Air Industries Group Earnings Call Transcript

May 12, 2021 / 08:30PM GMT
Release Date Price: €9.5 (-1.04%)
Operator

Good day, and welcome to the Air Industries Group Conference Call. Today's conference is being recorded.

Except for the historical information contained herein, the matters discussed in this presentation contain forward-looking statements. The accuracy of these statements is subject to significant risks and uncertainties. Actual results could differ materially from those contained in the forward-looking statements. See the company's SEC filings on Form 10-K and 10-Q for important information about the company and related risk.

EBITDA is used as a supplemental liquidity measure because management finds it useful to understand and evaluate results excluding the impact of noncash depreciation and amortization charges, stock-based compensation expenses and nonrecurring expenses and outlays prior to consideration of the impact of other potential sources and uses of cash, such as working capital items. This calculation may differ in method of calculation from similarly titled measures used by other companies.

At this time, I would like to turn the conference over to Lou Melluzzo,

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