ST. LOUIS, Nov. 8, 2010 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (Nasdaq:LMIA) today announced financial results for the third quarter 2010. Third Quarter 2010 Highlights
- Sales of $52.3 million, down from $58.7 million the prior year, and down from $55.9 million in the second quarter 2010.
- Free cash flow of $4.7 million, resulting in payoff of revolving credit balance.
- Gross margins up from the prior year, but down from the second quarter of 2010 because of front end cost on a new program in our Mexicali facility.