logo
Share SHARE
FONT-SIZE Plus   Neg

Arotech Corp. Loss Widens - Quick Facts

Defense and security products company Arotech Corp. (ARTX) Tuesday reported fourth-quarter net loss of $4.7 million or $0.33 per share, compared to net loss of $0.3 million or $0.02 per share last year.

Results for the quarter include impairment charge of $3.3 million.

Revenues for the quarter grew 34% to $18 million from $13.4 million last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Fresenius Kabi announced it has agreed to acquire Akorn (AKRX), a U.S.-based manufacturer and marketer of prescription and over-the-counter pharmaceutical products, for approximately $4.3 billion, or $34.00 a share, plus the assumption of approximately $450 million of debt. Akorn's largest shareholder,... Uber has been reportedly tracking user's phones, even after deleting the app. However, the company now assured that it would not continue with such tracking anymore. Qatar Airways will launch long-haul flights to twelve new destinations in 2018, including direct flights to Wales in the UK and San Francisco in the U.S. Qatar Airways plans to start direct flights to San Francisco in early 2018 as part of its growth strategy. The move comes even as the carrier's Dubai-based rival Emirates Airlines said last week that it will cut flights to five cities in the U.S.
comments powered by Disqus
Follow RTT