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TAT Technologies posts loss on significant impairment charges
April 03, 2013
TAT Technologies recorded a net loss of $1.5 million in the full year 2012, widened from a $1 million net loss in 2011. Revenues climbed 3% year-over-year to $87.9 million. The aerospace services company said the net loss is the result of two impairment charges recorded in the second quarter; a $1...
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