TAT Technologies Grows Revenue by 35%, Increases Net Income by 33% and Adjusted EBITDA by 70% for the Third Quarter of 2024 [Yahoo! Finance]
TAT Technologies Ltd. - Ordinary Shares (TATT)
US:NASDAQ Investor Relations:
tat-technologies.com/contact-us.html
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Source: Yahoo! Finance
NETANYA, Israel Nov. 18, 2024 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, today reported its unaudited results for the three and nine months ended September 30, 2024 (Q3'24). Financial Highlights for Third Quarter and First Nine Months of 2024: Revenues increased by 35.2% to $40.5 million in Q3'24 vs. $29.9 million for Q3'23. Year-to-date revenues increased by 36% to $111.1 million compared to $82.0 million for the same period last year. Gross profit increased by 45.9% to $8.5 million (21% as a percentage of revenues) in Q3'24 compared to $5.8 million (19.4% as a percentage of revenues) for Q3'23. Year-to-date gross profit increased by 51.8% to $23.5 million (21.2% as a percentage of revenues) vs. $15.5 million (18.9% as a percentage of revenues) for the same period last year. Net lncome increased by 33% to $2.9 million , or 6
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News
- TAT Technologies GAAP EPS of $0.26, revenue of $40.5M Nov. 19, 2024 10:59 AM ET By: Mary Christine Joy , SA News Editor [Seeking Alpha]Seeking Alpha
- TAT Technologies Grows Revenue by 35%, Increases Net Income by 33% and Adjusted EBITDA by 70% for the Third Quarter of 2024PR Newswire
- TAT Technologies to Announce Third Quarter Financial Results on November 18 and Host Earnings Webcast on November 19PR Newswire
- TAT Technologies to Present at LD Micro Main Event VXII on October 29, 2024PR Newswire
- TAT Technologies Ltd. (NASDAQ: TATT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
TATT
Sec Filings
- 11/19/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/4/24 - Form SC
- TATT's page on the SEC website