RADA Electronic Industries (RADA) Reports Q1 EPS of $0.02

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Go back to RADA Electronic Industries (RADA) Reports Q1 EPS of $0.02

RADA Electronic Industries Announces Q1 2017 Results: YoY Revenue Growth of 91%; Return to Profitability

May 24, 2017 8:13 AM EDT

NETANYA, Israel, May 24, 2017 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA) announced today its financial results for the quarter ended March 31, 2017.

Management Comments

Dov Sella, RADA's Chief Executive Officer commented, We are very pleased with our significant revenue growth, which is almost double that of the first quarter of last year. These results, combined with our improved balance sheet, are... More