TATT

TAT Technologies Turns To Profit In Q3

(RTTNews) - TAT Technologies Ltd. (TATT) reported that its third quarter net income was $2.1 million or $0.24 per share, compared to a net loss of $0.3 million or $0.04 per share in the prior year.

Cash flow from operations in the third quarter was negative $3.7 million compared to negative $3.1 million last year.

Quarterly revenues were $29.9 million, an increase of 43% from $20.9 million in the previous year.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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