ARC Group: Fiscal 1Q Earnings Snapshot
DELAND, Fla. (AP) _ ARC Group Worldwide Inc. (ARCW) on Wednesday reported a loss of $1.7 million in its fiscal first quarter.
The Deland, Florida-based company said it had a loss of 7 cents per share. Losses, adjusted to account for discontinued operations, came to 4 cents per share.
The manufacturer posted revenue of $20.6 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.53. A year ago, they were trading at $2.07.