RADA’s 2020 Revenues Expected to Grow by over-50% to over $65 million
RADA Electronic Industries Ltd. - Ordinary Shares (RADA)
US:NASDAQ Investor Relations:
rada.com/corp/corporate-ir.html
Company Research
Source: GlobeNewswire
NETANYA, Israel, Jan. 07, 2020 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA) announced that it has received a total of over $6 million in new orders during the month of December 2019. The aggregate of new orders received in 2019 was $60 million, an all-time record for the Company. Based on the current market acceptance of RADA’s tactical radars and the level of new orders, the company expects that revenues in 2020 will reach in excess of $65 million, which represents growth of over 50% when compared to the current forecast of $43 million given for 2019. Over 80% of the new orders during 2019 were for RADA’s growth engine: multi-mission, software-defined tactical radar systems. Applications for these radar systems are mainly for C-UAV (counter UAV and counter drone) solutions, V-SHORAD (very short-range air defense) and APS (active protection systems) solutions. The remainder were for RADA’s legacy avionics systems. Dov Sella, RADA’s CEO, commented, "We are ex
Show less
Read more
Impact Snapshot
Event Time:
RADA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RADA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RADA alerts
High impacting RADA Electronic Industries Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics