Benzinga | Aug 11, 2020 07:07AM EDT

Rada Electronics Industri Q2 EPS $0.02 Up From $(0.01) YoY, Sales $17.51M Beat $15.47M Estimate; Raises Guidance

Rada Electronics Industri (NASDAQ:RADA) reported quarterly earnings of $0.02 per share. This is a 300 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $17.51 million which beat the analyst consensus estimate of $15.47 million by 13.16 percent. This is a 74.59 percent increase over sales of $10.03 million the same period last year.