Core Insights - TAT Technologies Ltd. reported strong financial performance for Q2 2025, with revenue growth of 18% year-over-year and adjusted EBITDA increasing by 39% [1][3] - The company generated $7 million in cash from operations and successfully raised $45 million in capital, enhancing its balance sheet [1][3] - TAT's backlog increased by approximately $85 million to $524 million, indicating future revenue potential [1] Financial Performance - Revenues for Q2 2025 reached $43.1 million, up from $36.5 million in Q2 2024, marking an 18% increase [3] - Gross profit for Q2 2025 was $10.8 million, a 35.6% increase from $8.0 million in Q2 2024, representing 25.1% of revenues [3] - Operating income rose by 62.2% to $4.4 million in Q2 2025 compared to $2.7 million in Q2 2024 [3] - Net income increased by 31.5% to $3.4 million in Q2 2025, up from $2.6 million in Q2 2024 [3] - Adjusted EBITDA for Q2 2025 was $6.1 million, a 39.2% increase from $4.3 million in Q2 2024 [3] Operational Highlights - The company experienced broad-based growth driven by new contracts and increased activity from existing contracts in both OEM and MRO segments [1] - TAT's diversified business model allowed it to outperform the industry despite some slowdowns in MRO activity [1] - The company is exploring strategic opportunities to enhance growth prospects and strengthen its Board of Directors [1] Cash Flow and Capital Structure - Cash flow from operating activities for Q2 2025 was $6.9 million, compared to a cash outflow of $(4.1) million in Q2 2024 [3][21] - The company’s total assets increased to $213.6 million as of June 30, 2025, up from $163.4 million at the end of 2024 [11][12] - Shareholders' equity rose to $165.8 million as of June 30, 2025, compared to $112.0 million at the end of 2024 [12][20]

really steering the index the way it is. Other indexes. >> Okay.Mike Santoli thank you. We'll see you later this hour. Let's broaden our market conversation though and bring in Truist Wealth Co-Chief investment officer Keith Lerner and Hennion and Walsh asset manager, Management president and CIO Kevin Moen.Great to have you both here. Kevin, you're on set. I'm going to kick this conversation off with you.We've had a torrid run since the April lows. What do you like here. Do you stick with tech. Do you look ...

Core Viewpoint - A class action securities lawsuit has been filed against Lockheed Martin Corporation, alleging securities fraud that affected investors between January 23, 2024, and July 21, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Lockheed Martin lacked effective internal controls regarding its risk-adjusted contracts and the reporting of its profit booking rate [2]. - It is alleged that the company did not have adequate procedures for comprehensive reviews of program requirements, technical complexities, schedules, and risks [2]. - The complaint states that Lockheed Martin overstated its ability to fulfill contract commitments in terms of cost, quality, and schedule, leading to a likelihood of significant losses [2]. - As a result of these issues, the positive statements made by the defendants about the company's business and prospects were materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - Mercury Systems, Inc. reported strong financial results for the fourth quarter and fiscal year 2025, with significant year-over-year growth in key metrics such as backlog, revenue, net income, adjusted EBITDA, and free cash flow [1][2]. Financial Performance - Fourth quarter fiscal 2025 revenues reached $273.1 million, a 9.9% increase from $248.6 million in the same quarter of fiscal 2024 [3]. - Full year fiscal 2025 revenues totaled $912.0 million, up 9.2% from $835.3 million in fiscal 2024 [7]. - The company achieved record quarterly bookings of $341.5 million, resulting in a book-to-bill ratio of 1.25 and a record backlog of $1.40 billion, which is a 6% increase year-over-year [2][11][12]. Profitability Metrics - GAAP net income for the fourth quarter of fiscal 2025 was $16.4 million, translating to diluted earnings per share of $0.27, compared to a net loss of $10.8 million and a loss per share of $0.19 in the fourth quarter of fiscal 2024 [4][22]. - Adjusted earnings per share for the fourth quarter were $0.47, up from $0.23 in the same period last year [4][46]. - Adjusted EBITDA for the fourth quarter was $51.3 million, with an adjusted EBITDA margin of 18.8%, compared to $31.2 million in the fourth quarter of fiscal 2024 [5][22]. Cash Flow and Backlog - Free cash flow for the fourth quarter was $34.0 million, contributing to a record full year free cash flow of $119.0 million, compared to $26.1 million in fiscal 2024 [6][9]. - Cash flows from operating activities in the fourth quarter were $38.1 million, down from $71.8 million in the same quarter of fiscal 2024 [6][9]. Year-End Summary - For fiscal year 2025, the company reported a GAAP net loss of $37.9 million, or $0.65 per share, a significant improvement from a net loss of $137.6 million, or $2.38 per share, in fiscal 2024 [8][49]. - Adjusted EBITDA for the full year was $119.4 million, a substantial increase from $9.4 million in fiscal 2024 [8][37].

What happenedOn Aug. 6, 2025, New Millennium Group LLC disclosed a purchase of GE Aerospace (GE -0.12%) shares valued at approximately $3.31 million for the period ended June 30, 2025, according to a recent SEC filing.The investment advisor bought 15,102 shares, which represented 1.8% of 13F reportable assets under management (AUM). Post-trade, the fund’s total GE Aerospace holding went up to 15,137 shares as of June 30, 2025. The value of the position as of Aug. 5, 2025, stood at $4.12 million.What else to ...

SAN DIEGO, Aug. 11, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, all dates inclusive (the "Class Period"), have until September 26, 2025 to seek appointment as lead plaintiff of the Lockheed Martin class action lawsuit. Captioned Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), the Lockheed Martin class action lawsuit charges Lockheed Martin as wel ...

CLASS PERIOD: January 23, 2024 to July 21, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Lockheed Martin lacked effective internal controls regarding its purportedly risk adjusted contracts including the reporting of its risk adjusted profit booking rate; (2) Lockheed Martin lacked effective procedures to perform reasonably accurate comprehensive reviews of program requirements, techni ...

Core Viewpoint - A class action lawsuit has been filed against Lockheed Martin Corporation, alleging securities fraud and unlawful business practices related to significant financial losses in various business segments [2][4]. Financial Performance - On October 22, 2024, Lockheed announced a recognition of losses amounting to $80 million in its Aeronautics segment due to higher-than-anticipated costs, leading to a stock price drop of 6.12% [4][6]. - On January 28, 2025, the company reported pre-tax losses of $1.7 billion linked to classified programs, resulting in a net earnings decline from $6.9 billion ($27.55 per share) in 2023 to $5.3 billion ($22.31 per share) in 2024 [5]. - In the second quarter of 2025, Lockheed disclosed $1.6 billion in program losses, including $950 million from its Aeronautics Classified program and additional losses from other projects, causing a stock price decline of 10.8% [7][8]. Legal Proceedings - Investors who purchased Lockheed securities during the class period have until September 26, 2025, to request appointment as Lead Plaintiff in the class action lawsuit [2].

Core Viewpoint - A class action securities lawsuit has been filed against Lockheed Martin Corporation, alleging securities fraud that affected investors between January 23, 2024, and July 21, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Lockheed Martin lacked effective internal controls regarding its risk-adjusted contracts and profit booking rate [2]. - It is alleged that the company did not have adequate procedures for comprehensive reviews of program requirements, technical complexities, schedules, and risks [2]. - The complaint states that Lockheed Martin overstated its ability to meet contract commitments in terms of cost, quality, and schedule, leading to a likelihood of significant losses [2]. - As a result of these issues, the positive statements made by the defendants about the company's business and prospects were materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - Lockheed Martin has faced significant financial losses due to internal control failures and operational challenges, leading to a series of negative announcements that have impacted its stock price and investor confidence [2][3][4]. Financial Performance - On October 22, 2024, Lockheed Martin announced a loss of $80 million related to a classified program, resulting in a 6.12% drop in share price to $576.98 [3][5]. - On January 28, 2025, the company reported pre-tax losses of $1.7 billion, with $555 million attributed to the Aeronautics program and $1.3 billion to the Missiles and Fire Control business, leading to a net earnings drop from $6.9 billion in 2023 to $5.3 billion in 2024 [4][5]. - On July 22, 2025, an additional $1.6 billion in pre-tax losses was disclosed, including $950 million from the Aeronautics Classified program, resulting in a further decline in net earnings to $342 million [6][7]. Stock Market Reaction - Following the October 2024 announcement, Lockheed Martin's share price fell by $37.63 [3][5]. - The January 2025 announcement led to a $46.24 drop in share price [4][5]. - The July 2025 announcement resulted in a $49.79 decline in share price [6][7]. Legal Implications - A class action lawsuit has been initiated against Lockheed Martin, alleging violations of federal securities laws due to misleading statements and failure to disclose critical operational issues [2][8]. - The lead plaintiff in the lawsuit is an investor with the largest financial interest in the case, representing the interests of the class [8]. Company Operations - The complaints highlight that Lockheed Martin lacked effective internal controls and procedures for managing program complexities and risks, which contributed to the financial losses [2]. - The company has faced challenges in delivering on contract commitments regarding cost, quality, and schedule, leading to significant operational setbacks [2].