RADA Electronic Industries (RADA) Reports Q3 Loss of $0.06/Share

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RADA Electronic Industries Announces 2016 Q3 Results

November 28, 2016 12:01 PM EST

NETANYA, Israel, Nov. 28, 2016 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA) announced today its financial results for the quarter ended September 30, 2016.

Management Comments

Dov Sella, RADA's Chief Executive Officer commented, Reporting first time as RADA's CEO, I am happy to indicate that performance in the third quarter improved compared to the first half of 2016 as our backlog continued to grow, especially in our radar business. We anticipate that our operating results will continue to improve in the next... More