TAT Technologies Reports 2020 Results
TAT Technologies Ltd. - Ordinary Shares (TATT)
US:NASDAQ Investor Relations:
tat-technologies.com/contact-us.html
Company Research
Source: PR Newswire
GEDERA, Israel, March 30, 2021 /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, reported today its audited results for the twelve months ended December 31, 2020.Key Financial Highlights (*):Total revenues for the twelve months ended December 31, 2020 were $75.3 million compared to $97.4 million for the twelve months ended December 31, 2019, a decrease of 22.7% The decrease in revenues was the result of the COVID-19 pandemic outbreak which has significant effect on the commercial aviation industry. Gross profit for the twelve months ended December 31, 2020 were $8.4 million (11.2% of revenues) compared to $15.3 million (15.7% of revenues) for the twelve months ended December 31, 2019, a decrease of 44.8%. The decline in gross profit was mainly due to decrease in revenues and fixed charges on the COGS. Adjusted EBITDA for the twelve months
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News
- Investors Will Want TAT Technologies' (NASDAQ:TATT) Growth In ROCE To Persist [Yahoo! Finance]Yahoo! Finance
- TAT Technologies Ltd. (NASDAQ: TATT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- TAT Technologies: A Strong Buy On Aerospace And Defense Expansion [Seeking Alpha]Seeking Alpha
- TAT Technologies Ltd. (NASDAQ:TATT) stock most popular amongst private equity firms who own 52%, while individual investors hold 26% [Yahoo! Finance]Yahoo! Finance
- TAT Technologies Reports Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
TATT
Sec Filings
- 3/7/24 - Form 20-F/A
- 3/6/24 - Form 6-K
- 3/6/24 - Form 20-F
- TATT's page on the SEC website