TAT Technologies Grows Revenue by 35%, Increases Net Income by 33% and Adjusted EBITDA by 70% for the Third Quarter of 2024
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TAT Technologies Ltd. reported a 35% increase in revenue, a 33% rise in net income, and a 70% growth in adjusted EBITDA for Q3 2024. This marks the company's 8th consecutive quarter of revenue growth. A webcast will be held to discuss these results.
November 19, 2024 | 1:00 am
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POSITIVE IMPACT
TAT Technologies Ltd. achieved significant financial growth in Q3 2024, with a 35% increase in revenue, 33% rise in net income, and 70% growth in adjusted EBITDA. This performance marks the 8th consecutive quarter of revenue expansion.
The strong financial performance, including significant increases in revenue, net income, and adjusted EBITDA, is likely to positively impact TAT Technologies' stock price in the short term. The consistent revenue growth over eight quarters further strengthens investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100