Ark Restaurants Corp: Falls on bigger Q4 loss, revenue plunge

Ark Restaurants

22/12/2020 13:29

** Restaurant operator's  ARKR.O  shares down 2.1% at $14.24
premarket
    ** Co on Monday aftermarket posted Q4 loss of 54 cents/share
compared to a loss of 16 cents/share, a year earlier  
 urn:newsml:reuters.com:*:nBw5FvFJXa
    ** Co's Q4 revenue plunged 47.76% to $21.77 mln as
government-imposed stay-at-home orders to avoid spread of
coronavirus led to temporary closure of restaurants 
    ** ARKR shares down ~35% this year, as of last close

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))