TAT Technologies Reports Missed Earnings and Revenue but Shares Rise
Despite missing both earnings and revenue estimates, TAT Technologies (NASDAQ:TATT) saw a rise in share price due to strong demand reflected by its record backlog. The company reported adjusted EPS of $0.26 versus an expected $0.31 and revenue of $41.1 million against the projected $44.16 million.
Tickers: $TATT
Topics: backlog_growth earnings revenue_miss supply_chain_issues