TAT Technologies posted record third-quarter results with revenue rising 20.2% year-over-year to $55.6 million and Adjusted EBITDA surging 60.9% to a record $10.9 million. Diluted earnings per share increased 57.8% to $0.58, while gross margin expanded by 580 basis points to 30.9%. The company generated $3.8 million in operating cash flow and ended the quarter with $42.6 million in net cash. APU revenue grew 34.4% to $19.6 million, and Trading, Leasing & Distribution revenue jumped 85.5% to $8.0 million. The firm maintains a backlog of $577 million supported by long-term agreements. TAT Technologies operates in the aerospace industry, providing maintenance, repair, overhaul services, and original equipment manufacturer components for aircraft systems.
