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ARC Group reports 4Q loss

DELAND, Fla. (AP) _ ARC Group Worldwide Inc. (ARCW) on Tuesday reported a loss of $10.3 million in its fiscal fourth quarter.

The Deland, Florida-based company said it had a loss of 57 cents per share. Losses, adjusted for non-recurring costs and asset impairment costs, came to 2 cents per share.

The manufacturer posted revenue of $22.1 million in the period.

For the year, the company reported that its loss widened to $10.2 million, or 56 cents per share. Revenue was reported as $99.1 million.

In the final minutes of trading on Tuesday, the company's shares hit $2.35. A year ago, they were trading at $3.62.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARCW at https://www.zacks.com/ap/ARCW


Keywords: ARC Group Worldwide, Earnings Report