Air Industries (AMEX:AIRI) reported quarterly losses of $(0.27) per share which missed the analyst consensus estimate of $(0.04) by 575 percent. This is a 28.57 percent decrease over losses of $(0.21) per share from the same period last year. The company reported quarterly sales of $12.13 million which missed the analyst consensus estimate of $14.00 million by 13.32 percent. This is a 13.70 percent decrease over sales of $14.06 million the same period last year.