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RADA Electronic Industries Ltd. (RADA)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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12.62+0.27 (+2.19%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous close12.35
Open12.37
Bid11.89 x 900
Ask13.10 x 800
Day's range12.32 - 12.82
52-week range3.87 - 14.80
Volume233,070
Avg. volume716,920
Market cap618.822M
Beta (5Y monthly)0.98
PE ratio (TTM)97.08
EPS (TTM)0.13
Earnings date11-May-2021
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est17.00
  • RADA Schedules First Quarter 2021 Results Release & Conference Call on Tuesday, May 11, 2021
    GlobeNewswire

    RADA Schedules First Quarter 2021 Results Release & Conference Call on Tuesday, May 11, 2021

    RADA’s investor conference call to start at 9am ETNETANYA, Israel, April 26, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA & TASE: RADA) announced that it would be releasing its financial results for the first quarter of 2021 on Tuesday, May 11, 2021. The Company will host a conference call on the same day, starting at 9:00 am ET. Dov Sella, Chief Executive Officer and Avi Israel, Chief Financial Officer, will host the call and will be available to answer questions after presenting the results. To participate, please call one of the following telephone numbers a few minutes before the start of the call: US:1-888-723-3164 at 9:00 am Eastern TimeIsrael:03-918-0609at 4:00 pm Israel TimeInternational:+972-3-918-0609 A live webcast of the conference call can be accessed on the RADA website at https://www.rada.com/corp/corporate-ir.html For those unable to participate, the teleconference will be available for replay on RADA’s website at http://www.rada.com beginning 48 hours after the call. About RADA RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The company is a leader in mini-tactical radars, serving attractive, high-growth markets, including critical infrastructure protection, border surveillance, active military protection and counter-drone applications. Company Contact:Avi Israel, CFOTel: +972-76-538-6200 mrkt@rada.com www.rada.comInvestor Relations Contact:GK Investor RelationsEhud HelftTel: 1 646 688 3559rada@gkir.com

  • RADA Announces a Total of $24 Million in New Orders in the First Quarter of 2021 after Receiving $9 Million of New Orders in March 2021
    GlobeNewswire

    RADA Announces a Total of $24 Million in New Orders in the First Quarter of 2021 after Receiving $9 Million of New Orders in March 2021

    Year-over-year growth of 50% compared to the first quarter of 2020NETANYA, Israel, April 08, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced the receipt of $24 million of new orders in the first quarter of 2021, including $9 million in new orders during March 2021. This figure represents a growth of 50% in new orders during the first quarter when compared to the first quarter of 2020. The majority of these new orders will be delivered during 2021. Of these new orders, approximately 90% were orders for RADA’s software-defined tactical radars for counter UAV, short-range air defense (SHORAD) and counter fires (C-RAM), with 40% of the orders coming from the US market and 50% from the rest of the world. The remaining 10% were for RADA’s legacy avionics systems production. Dov Sella, RADA’s CEO, commented, “The 50% growth in new orders in the first quarter, when compared to last year, increases our confidence in our revenue guidance of over $120 million for 2021. We are particularly pleased with the flow of new orders coming from non-US markets. At the same time, we are satisfied with the continued stability in our legacy avionics business demonstrating an annual revenue rate of approximately $10 million.” About RADA RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including critical infrastructure protection, border surveillance, active military protection and counter-drone applications. Safe Harbor Statement Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, including the risks and uncertainties associated with market conditions, as well as risks and uncertainties inherent in RADA’s business, including, but not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in RADA’s Annual Report on Form 20-F for the year ended December 31, 2020, and other filings with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason. Company Contact:Avi Israel (CFO)Tel: +972-76-5386200 mrkt@rada.comwww.rada.comInvestor Relations Contact:GK Investor RelationsEhud HelftTel: 1 646 201 9246rada@gkir.com

  • RADA Announces $15 Million of New Orders in Jan-Feb 2021
    GlobeNewswire

    RADA Announces $15 Million of New Orders in Jan-Feb 2021

    Growth of 150% compared to the same period in 2020; RADA successfully completed a secondary offering of shares of over $59 million NETANYA, Israel, March 08, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced the receipt of over $15 million in new orders during January and February of 2021, compared to $6 million during the same period in 2020. Out of these new orders, over 90% were orders for RADA’s software-defined tactical radars for counter UAV, short-range air defense (SHORAD) and counter fires (C-RAM). The majority of these orders were growing follow-ons from existing customers. All these orders are expected to be delivered during 2021. Dov Sella, RADA’s CEO, commented, “While the first quarter is typically slower in new orders, the strong start to 2021 with good order momentum, 150% higher than the same period last year, strengthens our confidence that 2021 will be a year of strong revenue growth, surpassing $120 million.” Added, Mr. Sella, referring to the recent fundraising round, “I would like to thank all those involved in a very successful secondary offering of RADA shares. We saw very strong demand with very significant over-subscription. The offering was priced at a below market-average discount when compared to the last trading value, and no discount when compared to the prior 60-days average price. Beyond the significant strengthening of our balance sheet, we welcome a number of new, long-term focused and leading institutional investment firms. I would like to thank all our shareholders for their trust and support in us, and in our strategy. We will continue to work hard to capitalize on the huge opportunities ahead of us, which we expect to bring significant value to our shareholders." About RADA RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including critical infrastructure protection, border surveillance, active military protection and counter-drone applications. Company Contact:Avi Israel (CFO)Tel: +972-76-5386200 mrkt@rada.com www.rada.com Investor Relations Contact:GK Investor RelationsEhud HelftTel: 1 646 201 9246rada@gkir.com