ARC Group Worldwide Announces First Quarter 2019 Results
ARC GROUP WORLDWIDE INC (ARCW)
Last arc group worldwide inc earnings: 2/9 04:35 pm
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US:NASDAQ Investor Relations:
arcgroupworldwide.com/investor-relations.html
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Source: GlobeNewswire
DELAND, Fla., Nov. 14, 2018 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing, today reported its results for the first fiscal quarter ending September 30, 2018. Highlights for the first quarter of fiscal year 2019 compared to the first quarter fiscal year 2018 for Continuing Operations: Sales of $20.6 million, an increase of 7.7%;Gross Profit of $3.1 million, an increase of 160.9%;EBITDA of $2.4 million, an increase of 1464.4% Highlights for the first quarter of fiscal year 2019, compared to the fourth quarter fiscal year 2018 for Continuing Operations: Sales of $20.6 million, a decrease of 8.4%;Gross Profit of $3.1 million, an increase of 15.4%;EBITDA of $2.4 million, an increase of 13.7% Quarterly Financial Summary The following analysis is performed over Sales, Gross profit, and EBITDA from Continuing Operations for the comparative periods identified unless otherwise noted.
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