Rada Electronics Industri (NASDAQ:RADA) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Rada Electronics Industri missed estimated earnings by 108.33%, reporting an EPS of $-0.01 versus an estimate of $0.12.
Revenue was down $2.71 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 1.77% drop in the share price the next day.
Here's a look at Rada Electronics Industri's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.10 | 0.09 | 0.06 |
| EPS Actual | 0.10 | 0.12 | 0.20 | 0.08 |
| Revenue Estimate | 31.60M | 32.59M | 27.98M | 24.50M |
| Revenue Actual | 31.76M | 32.00M | 28.25M | 25.22M |
To track all earnings releases for Rada Electronics Industri visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
