TAT Technologies Q1: ~27% Revenue Growth, Optimistic On Coming Quarters Of 2023 & More
Portfolio Pulse from Nabaparna Bhattacharya
TAT Technologies reported Q1 2023 revenues of $25.2 million, a 26.6% increase YoY, and a net income of $0.66 million compared to a net loss of $1.6 million a year ago. The company is optimistic about the coming quarters and expects substantial growth in revenues and EBITDA.
May 31, 2023 | 12:01 pm
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TAT Technologies reported strong Q1 2023 results with 26.6% revenue growth and a net income of $0.66 million. The company is optimistic about future growth.
TAT Technologies reported a significant increase in revenues and a positive net income, indicating a strong financial performance. The company's optimism about future growth and its growing order backlog suggest a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100