How did CPI Aerostructures' revenue and expenses shift in Q4 2024?

CPI Aerostructures experienced a contraction in revenue and a slight increase in net income in Q4 2024 compared to the previous quarter.

1. **Revenue Shift**:
- The company's revenue by segment decreased by 1.39% to $64.7 million.
- This decline was consistent across all segments, including Commercial Contracts, Government Subcontracts, and Prime Government Contracts, which all saw a decrease of $1.39%.
2. **Net Income Shift**:
- Despite the revenue decline, the company's net income increased by 0.93% to $971,473.
- The net income growth resulted in a total of $14.76 million for the quarter.
3. **Comparison and Insights**:
- While the revenue decreased, the net income margin improved, indicating better operational efficiency or cost management during the quarter.
- The company's focus on cost control and potential operational improvements contributed to the positive net income growth despite the revenue decline.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CVU|CVU.A|CPI Aerostructures|2024 Q1|-82.89055786353167|168238|170|
|CVU|CVU.A|CPI Aerostructures|2024 Q2|21.854225651556163|1409946|170|
|CVU|CVU.A|CPI Aerostructures|2024 Q3|148.7612986289006|749677|170|
|CVU|CVU.A|CPI Aerostructures|2024 Q4|-93.4179633548899|971473|170|

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Commercial Contracts|4697342|170|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Commercial Contracts|3302897|170|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Commercial Contracts|2542607|170|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Commercial Contracts|1297494|170|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Prime Government Contracts|2781881|170|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Commercial Contracts|1297494|170|
|CVU|CVU.A|CPI Aerostructures|20240101-2024|Government Subcontracts|1.5001768E7|170|