Tat Techn Stock Price, News & Analysis

TAT Technologies (NASDAQ: TATT), a provider of aerospace and defense products, has announced a public offering of ordinary shares. The offering consists of 1,625,000 ordinary shares from TAT and 2,525,000 ordinary shares from FIMI Opportunity V selling shareholders. Additionally, underwriters may purchase up to 242,298 additional shares from TAT and 380,202 shares from the selling shareholders.

The company plans to use the proceeds for general corporate purposes, including working capital and capital expenditures. Stifel, Nicolaus & Company and Truist Securities are acting as joint book-running managers, with The Benchmark Company and Lake Street Capital Markets as passive book-running managers.

TAT Technologies (NASDAQ: TATT) has secured a significant expansion of its MRO partnership with a major international cargo carrier. The 5-year contract, valued at $40-55 million, extends and broadens their existing APU maintenance services. The agreement includes:

- Extension of current APU repairs for Boeing 767 and 757 U.S. fleet to global fleet coverage
- Addition of new APU maintenance for Boeing 737 and Airbus A300 fleets
- New 7-year contract for Boeing 777 APU maintenance (pending signature in May-June 2025)

This comprehensive agreement strengthens TAT's position in the APU MRO market and demonstrates their successful Customer First initiative and partnership strategy.

TAT Technologies (NASDAQ: TATT) has scheduled its first quarter 2025 financial results announcement for May 19, 2025, after market close. The company, which specializes in products and services for commercial and military aviation and ground defense industries, will host an earnings webcast the following day.

The webcast will take place on May 20, 2025, at 8:30 a.m. ET, featuring CEO Igal Zamir and CFO Ehud Ben-Yair. Investors can access the webcast through a registration link or the company's investor relations website.

TAT Technologies (NASDAQ: TATT) reported strong financial results for the full year 2024, marking its ninth consecutive quarter of revenue growth. Revenue increased 34% to $152.1 million, while net income surged 139% to $11.2 million ($1.0 per diluted share). The company's gross profit grew 47% to $33 million, representing 21.7% of revenue, and Adjusted EBITDA rose 67% to $18.6 million.

The company secured new contracts worth $47 million in Q4, pushing its backlog to a record $429 million. TAT successfully raised $10 million through an overnight capital raise, and its share price increased by 153% in 2024. However, operational cash flow turned negative at ($5.8) million, primarily due to strategic inventory investments to mitigate supply chain risks.

Looking ahead to 2025, TAT launched its 'Customer First' initiative and plans to implement operational efficiency improvements. The company maintains an optimistic outlook while addressing ongoing industry supply chain challenges.

TAT Technologies (NASDAQ: TATT), a provider of products and services for commercial and military aviation and ground defense industries, has scheduled its fourth quarter and full-year 2024 financial results announcement for March 26, 2025, after market close.

The company will host an earnings webcast on March 27, 2025, at 8:30 a.m. ET, where CEO Igal Zamir and CFO Ehud Ben-Yair will present the financial results and provide a business update. Investors can access the webcast through the company's investor relations website.

TAT Technologies (NASDAQ: TATT) has secured a five-year MRO agreement with a major North American cargo carrier, valued at approximately $17 million. Under the agreement, TAT will provide repair and overhaul services for auxiliary power units (APUs) on the carrier's Boeing 757 and 767 aircraft. This contract strengthens TAT's position in the APU cargo carrier market, adding to their existing MRO agreements with major North American cargo carriers.

TAT Technologies (NASDAQ: TATT), a leading provider of products and services for commercial and military aviation and ground defense industries, has announced its participation in The Benchmark Company's Discovery One-on-One Investor Conference. The event will take place on December 11, 2024, at the New York Athletic Club in New York City.

President and CEO Igal Zamir and IR Director Eran Yunger will represent the company and be available for one-on-one meetings throughout the conference day. Interested investors can schedule meetings through The Benchmark Company sales representatives or by contacting TAT Technologies' investor relations team.

TAT Technologies (NASDAQ: TATT) reported strong Q3 2024 financial results with significant growth across key metrics. Revenue increased 35.2% to $40.5 million, marking the 8th consecutive quarter of revenue expansion. Gross profit rose 45.9% to $8.5 million, while net income grew 33% to $2.9 million ($0.26 per diluted share). The company's Adjusted EBITDA showed remarkable growth of 70% to $5.1 million. During Q3, TAT raised $9.9 million through share issuance and reported a positive operating cash flow of $2.8 million. The company's orders and LTA backlog reached $423 million, indicating strong future demand despite ongoing supply chain challenges.