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TAT Technologies Ltd - $TATT STOCK NEWS

Welcome to our dedicated page for TAT Technologies news (Ticker: $TATT), a resource for investors and traders seeking the latest updates and insights on TAT Technologies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TAT Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TAT Technologies's position in the market.

News
TAT Technologies Reports Full Year 2023 Results
Rhea-AI Summary
TAT Technologies Ltd. (NASDAQ: TATT) reported its audited results for the twelve months ended December 31, 2023, showing significant growth in total revenues, gross profit, adjusted EBITDA, and GAAP net profit. The company also reduced its net debt and raised funds through a private placement sale. CEO Mr. Igal Zamir expressed satisfaction with the performance, highlighting increased demand, improved margins, record backlog, and positive operational cash flow. The company remains optimistic for 2024 with growing backlog, new contracts, and operational initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.68%
Tags
earnings
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News
TAT Technologies signs another 5-year contract with an international air carrier for APU MRO services with estimated total revenues of $10 million
Rhea-AI Summary
TAT Technologies Ltd. announces a new $10 million contract with an international air carrier for MRO services, solidifying their position as a leading APU 331-200 MRO provider. The company has also signed strategic contracts with Honeywell, expanding its reach in the aerospace industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
-
News
TAT Technologies completed Private Placement to Israeli Institutional and Accredited Investors
Rhea-AI Summary
TAT Technologies Ltd. (NASDAQ: TATT) completed a private placement of 1,158,600 Ordinary Shares to Israeli institutional and accredited investors, resulting in net proceeds of approximately NIS 36.2 million (or approximately $9.9 million). The private placement was made in Israel only and not to U.S. persons, and the Shares are subject to certain transfer restrictions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
News
TAT Technologies Announces Proposed Private Placement to Israeli Institutional and Accredited Investors
Rhea-AI Summary
TAT Technologies Ltd. (NASDAQ: TATT) is issuing 1,158,600 Ordinary Shares at a purchase price of NIS 31.70 per Share to Israeli institutional and accredited investors, expecting to raise approximately NIS 36.2 million for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
none
-
News
TAT Technologies Reports Third Quarter 2023 Results
Rhea-AI Summary
TAT Technologies Ltd. (NASDAQ: TATT) reported unaudited financial results for Q3 2023, showing significant revenue and profit growth. Revenues increased by 43% to $29.9 million, and net income was $2.1 million. Adjusted EBITDA surged by 438% to $3 million. The company remains positive about future growth despite the war in Israel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.74%
Tags
earnings
-
News
TAT Technologies Ltd., through its Oklahoma subsidiary -Limco Airpair Inc., signed a unique contract to serve a Boeing747 fleet of one of Europe's Major Cargo Carriers
Rhea-AI Summary
TAT Technologies has signed a new contract valued at $7.5 million for the repair of the Boeing 747 Thermal component. The company won the contract due to its unique capabilities and certification under FAA and Easa. The contract will start generating revenues and profits in Q3/2023 and demonstrates TAT Technologies' strategy to focus on large MRO contracts with long-term customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
Tags
none
News
TAT Technology through its North Carolina subsidiary - Piedmont Aviation Components, received a first customer's order for an overhaul of APU331-500 engine serving on the Boeing 777 fleet
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.4%
Tags
none
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News
TAT Technologies Reports First Quarter 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.38%
Tags
earnings
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News
TAT Technologies Reports Full Year 2022 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.94%
Tags
none
News
TAT Technologies signs a 5-year contract extension with a global air carrier for APU MRO services with an estimated revenues of $50 million
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.79%
Tags
none
Stock TATT logo
TAT Technologies Ltd

Nasdaq:TATT

TATT Rankings

#4136 Ranked by Market Cap
#1097 Ranked by Stock Gains
N/A Ranked by Dividends

TATT Stock Data

121.99M
4.85M
67.51%
0.03%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States of America
Netanya

About TATT

established in 1969, tat technologies ltd. (tat) is a leading center for the design and production of thermal management solutions, flow management solutions and environmental control systems for the aerospace and defense industries. tat possesses extensive and unique know how and vast in-house engineering design, development and manufacturing resources as well as a highly trained and experienced work force of 500 dedicated employees. our expertise encompasses heat exchangers, cold plates, cooling systems, vapor-cycle air conditioning systems and an array of aircraft fuel control accessories. tat technologies ltd. (tat) is a public company traded on the nasdaq and tel aviv stock exchange (nasdaq ticker “tatt”) with complete transparency to its customers. tat has two subsidiaries located in the united states and israel, employing a combined total of approximately 500 employees. limco airepair, inc. located in tulsa, oklahoma, usa, is an mro center for heat exchangers. piedmont aviation