Arotech: 3Q Earnings Snapshot
ANN ARBOR, Mich. (AP) _ Arotech Corp. (ARTX) on Wednesday reported a third-quarter loss of $63,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Ann Arbor, Michigan-based company said it had a loss of less than 1 cent. Earnings, adjusted for non-recurring costs and amortization costs, were 6 cents per share.
The provider of defense and security products posted revenue of $23.6 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $2.98. A year ago, they were trading at $2.80.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTX at https://www.zacks.com/ap/ARTX