TAT Technologies Reports Continued Improvement in Profitability and Revenue Growth in Q2 2017 – Markets Insider


GEDERA, Israel, Aug. 13, 2017 /PRNewswire/ — TAT Technologies Ltd. (NASDAQ: TATT – News) (“TAT” or the “Company”), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month and six month periods ended June 30, 2017.

Key Financial Highlights:

  • Revenues for Q2 2017 were $26.6 million compared with $23.5 million in Q2 2016, a 13.2% growth. Revenues for H1 2017 were $53.6 million compared with $47.2 million in H1 2016, a 13.6% growth.
  • Profitability showed significant improvement, both quarter-over-quarter and first half-over-first half:
    • Adjusted EBITDA for Q2 2017 increased to $2.4 million compared with $1.2 million in Q2 2016, an increase of 100%. Adjusted EBITDA for H1 2017 increased to $5.3 million compared with $2.3 million in H1 2016, an increase of 130%.
    • The Company…



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