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TAT Technologies Reports Full Year 2023 Results [Yahoo! Finance]

TAT Technologies Ltd. - Ordinary Shares (TATT) 
US:NASDAQ Investor Relations: tat-technologies.com/contact-us.html
Company Research Source: Yahoo! Finance
services to the commercial and military aerospace and ground defense industries, reported today its audited results for the twelve months ended December 31, 2023 Key Financial Highlights: Total revenues for the twelve months ended December 31, 2023 , were $113.8 million compared to $84.6 million for the twelve months ended December 31, 2022 , an increase of 35%. Gross profit for the twelve months ended December 31, 2023 , were $22.5 million (19.7% of revenues) compared to $15.9 million (18.8% of revenues) for the twelve months ended December 31, 2022 , an increase of 41%. Adjusted EBITDA for the twelve months ended December 31, 2023 , was $11.2 million compared to $4 million for the twelve months ended December 31, 2022 , an increase of 176%. GAAP net profit from continued operations for the twelve months ended December 31, 2023 , was $4.7 million per share on a fully diluted basis) compared to GAAP net loss from continued operations of $1.6 million (net profit of $0.1 milli Show less Read more
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