Brief: Arc Group Worldwide Q1 Sales Rose 7.7 Percent To $20.6 Million

Rm2 International

14/11/2018 23:17

ARC Group Worldwide Inc  ARCW.O :
    * ARC GROUP WORLDWIDE ANNOUNCES FIRST QUARTER 2019 RESULTS
    * Q1 SALES ROSE 7.7 PERCENT TO $20.6 MILLION
    * REDUCED LABOR IN QUARTER
    * PROJECTING AN INCREASE OF 58.1% AND 6.6%, RESPECTIVELY,
FOR
FISCAL YEAR 2019 REVENUES OVER FISCAL YEAR 2018 REVENUES
    * PLANNED SALE OF 3D MATERIAL TECHNOLOGIES HAS BEEN
PROGRESSING AS
EXPECTED
    * EXPECT WILL BE ABLE TO SELL 3DMT PRIOR TO END OF
THIRD-QUARTER
FISCAL YEAR 2019
    * QTRLY NET LOSS ATTRIBUTABLE TO ARC GROUP WORLDWIDE $0.07
PER
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Source text for Eikon:  ID:nGNX2PPXd8 
Further company coverage:  ARCW.O