Rada Electronic Industries Ltd (RADA) |
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Price: $9.8700
$-0.04
-0.404%
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Day's High:
| $10.05
| Week Perf:
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Day's Low: |
$ 9.71 |
30 Day Perf: |
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Volume (M): |
413 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 4,077 |
52 Wk Avg: |
$0.00 |
Open: |
$9.90 |
52 Wk Low: |
$0.00 |
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Market Capitalization (Millions $) |
494 |
Shares
Outstanding (Millions) |
50 |
Employees |
93 |
Revenues (TTM) (Millions $) |
117 |
Net Income (TTM) (Millions $) |
25 |
Cash Flow (TTM) (Millions $) |
42 |
Capital Exp. (TTM) (Millions $) |
6 |
Rada Electronic Industries Ltd
Our activity is primarily focused on the defense electronics market. This is a
growing market that is currently a large part of the defense industry. The defense
electronics market reflects two contradictory trends, the proliferation of defense
electronics, which has been offset by the significant reduction in the price of
electronic systems which is reducing the dollar value of the market. Today, new
military vehicles of all kinds are equipped with significantly more electronic
systems than they used to carry in the past. The increasing usage of advanced
electronics in modern vehicles, including upgrades of existing technology and
the growing use of unmanned vehicles of all kinds, have provided significant growth
to the market.
Todays advanced defense electronics systems typically incorporate components
that are derived from the industrial or the consumer electronics markets, especially
from the telecom markets. Most of the defense electronics systems are built
with commercial components and even with sub-systems, which reduce the overall
price, and at the same time generate complex obsolescence issues.
Purchasers of defense electronics products are either governments or major
integrators. Engagement in business relationships with these customers is complex,
has a long sales cycle and requires long-term commitments for future support
of delivered hardware. Production batches of such products are usually small.
Suppliers of defense electronic systems are either providers of sub-systems
to major integrators or providers of integrated systems to the industry or to
the armed forces. These companies are typically very large and have diversified
product offerings.
New products in the defense electronic market are usually developed utilizing
internal and customer sponsored research and development funds and are tailored
to specific customer needs. In many cases, the customer who pays for the design
and adaptation limits the use of intellectual property that was funded by it
for other applications, due to either commercial or security reasons.
We primarily provide integrated solutions. Our aim is to provide not only state-of-the-art
products, but to also provide comprehensive end-to-end solutions for one or
more systems. Our current product lines are:
Military avionics (Data/video recorders, core avionics for aircraft and UAVs);
Inertial navigation systems for aerial and land platforms;
Tactical Radars for defense forces and border protection systems (land based).
Company Address: 7 Giborei Israel Street, Netanya 4250407
Company Phone Number: 76 538 6200 Stock Exchange / Ticker: NASDAQ RADA
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Customers Net Income grew by |
RADA's Customers Net Profit Margin grew to |
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5.52 %
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Stock Performances by Major Competitors |
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Universal Security Instruments Inc
Universal Security Instruments Inc (NYSE AMEX: UUU) recently announced its financial results for the fiscal time-frame ending December 31, 2023. The company experienced a significant decline in earnings per share, which dropped by -73.33% to $0.04 per share, compared to $0.15 per share in the previous year. However, it is worth noting that the earnings turned positive from a loss of $-0.08 per share in the prior reporting period. The company also witnessed a decline in revenue, which receded by -19.166% to $4.65 million from $5.76 million in the comparable reporting period a year ago. However, there was a sequential improvement in revenue, which increased by 25.219% from $3.72 million. These numbers suggest that although the company faced some challenges in generating revenue, it managed to improve its performance in the given quarter.
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First America Resources Corporation
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Arrow Electronics Inc
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Te Connectivity Ltd
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Eaco Corp
Eaco Corp, a company that specializes in manufacturing and distributing various products, recently released its first quarter 2023 financial report. Unfortunately for shareholders, the report revealed a concerning trend with declining earnings per share (EPS) despite an increase in revenue. This development raises red flags about the company's financial health and long-term prospects. In the first quarter of 2023, Eaco Corp experienced a modest increase in revenue of 4.262% compared to the previous year, reaching $79.57 million. However, EPS plunged by a staggering -62.89% to $0.36 per share. This decline is alarming, especially when considering that EPS in the same period of the previous year was $0.97. This significant drop in EPS highlights serious issues with the company's profitability and efficiency.
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Per Share |
Current |
Earnings (TTM) |
0.5 $ |
Revenues (TTM) |
2.34 $
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Cash Flow (TTM) |
0.85 $ |
Cash |
1.57 $
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Book Value |
3.12 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
0.5 $
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Revenues (TTM) |
2.34 $ |
Cash Flow (TTM) |
0.85 $ |
Cash |
1.57 $
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Book Value |
3.12 $ |
Dividend (TTM) |
0 $ |
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