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Arotech reports 2Q loss

ANN ARBOR, Mich. (AP) _ Arotech Corp. (ARTX) on Tuesday reported a loss of $595,000 in its second quarter.

On a per-share basis, the Ann Arbor, Michigan-based company said it had a loss of 2 cents. Earnings, adjusted for amortization costs and pretax expenses, were 1 cent per share.

The provider of defense and security products posted revenue of $21.4 million in the period.

Arotech expects full-year earnings in the range of 20 cents to 24 cents per share, with revenue in the range of $93 million to $103 million.

The company's shares closed at $3.50. A year ago, they were trading at $2.97.


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


Keywords: Arotech, Earnings Report