TATT - TAT Technologies GAAP EPS of $0.07 revenue of $25.2M
2023-05-31 03:59:44 ET
- TAT Technologies press release ( NASDAQ: TATT ): Q1 GAAP EPS of $0.07.
- Revenue of $25.2M (+26.6% Y/Y).
- Gross profit for Q1 2023 increased to $4.3 million (16.9% of revenues) compared to $3 million in Q1 2022 (15.2% of revenues).
- Adjusted EBITDA for Q1 2023 increased by 328% to $2.2 million compared to $0.5 million in Q1 2022.
- Operational cash flow was positive $1.4 million compared to $0 million in Q1 2021.
- "We are optimistic with the coming quarters of 2023 and expect substantial growth in revenues and EBITDA compared to 2022".
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TAT Technologies GAAP EPS of $0.07, revenue of $25.2M