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Ark Restaurants: Fiscal 4Q Earnings Snapshot

NEW YORK (AP) _ Ark Restaurants Corp. (ARKR) on Wednesday reported fiscal fourth-quarter profit of $1 million.

The New York-based company said it had profit of 28 cents per share.

The restaurant and bar operator posted revenue of $40.6 million in the period.

For the year, the company reported profit of $4.7 million, or $1.31 per share. Revenue was reported as $160 million.

Ark Restaurants shares have dropped 25 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.25, a fall of 21 percent in the last 12 months.

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