Revenue Update on RADA Electronic Ind. Ltd.(NASDAQ:RADA)

RADA Electronic Ind. Ltd.(NASDAQ:RADA) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 21, 2016. Earnings per share were $-0.07.

RADA Electronic Ind. Ltd. (RADA) made into the market gainers list on Wednesdays trading session with the shares advancing 1.40% or 0.01 points. Due to strong positive momentum, the stock ended at $0.725, which is also near the day’s high of $0.77. The stock began the session at $0.7397 and the volume stood at 81,218 shares. The 52-week high of the shares is $2.37 and the 52 week low is $0.27. The company has a current market capitalization of $12 M and it has 1,58,98,965 shares in outstanding.

RADA Electronic Industries Ltd. is a defense electronics contractor. The Company is a global aviation and defense company. It specializes in the development manufacturing marketing and sales of military avionics systems for manned and unmanned aircraft inertial navigation systems (INS) for air and land platforms and tactical land radars for force and border protection applications. It develops manufactures and sells defense electronics including avionics solutions (including avionics for unmanned aerial vehicles) airborne data/video recording and management systems INS and tactical land radars for defense forces and border protection systems. It primarily provides integrated solutions and its product lines are Military avionics (data/video recorders core avionics for aircraft and unmanned aerial vehicles); INS for aerial and land platforms and Tactical Radars for defense forces and border protection systems (land based).

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