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RADA - Rada Electronics EPS beats by $0.03 beats on revenue
RADA Electronic Industries Ltd.
Rada Electronics (RADA): Q3 GAAP EPS of $0.05 beats by $0.03.Revenue of $20.36M (+80.8% Y/Y) beats by $2.06M.Dov Sella, CEO commented, "Our orders in-hand have enabled us to increase our 2020 revenue guidance to over $75M. Our recent orders are starting to build significant backlog for 2021, substantiating our growth outlook. We expect our financial parameters to continue to improve throughout the remainder of 2020 and into 2021."Press Release