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

Editors Pick
Fiat Chrysler Automobiles's US will focus on Jeep SUVs and Ram Pickups and plans to stop producing small passenger cars from early next year. The plan to stop Dart and Chrysler 200 production will be effective by first quarter of 2017. The new plans are expected to increase profit margins, as SUVs... Royal Bank of Canada got the highest ranking in overall customer satisfaction among the five biggest Canadian banks, according to the results of an annual survey released Thursday. The lender toppled Toronto-Dominion Bank, which had held the top spot for the past ten years. Ford Motor Co.(F) reported a profit for the second-quarter that declined 8.8 percent from last year, while total revenue increased about 6 percent. The company now sees risks challenging achieving 2016 guidance.
comments powered by Disqus
Follow RTT