The Allied Defense Group, Inc. (ADG) posted third-quarter net loss of $3.3 million or $0.40 per share, narrower than $6.2 million or $0.77 per share in the same quarter last year.
Net loss from continuing operations was $3.2 million or $0.39 per share for the quarter, compared to $3.3 million or $0.41 per share in the year-ago period.
Revenue for the quarter declined to $36.2 million from $49.2 million in the prior year period.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.