Arotech Corporation (ARTX) Tops Q3 EPS by 5c
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Arotech Reports 2014 Record Annual Revenues of $103.5 Million; Full-Year Adjusted EBITDA of $10.0 Million
March 16, 2015 4:04 PM EDTANN ARBOR, Mich., March 16, 2015 /PRNewswire/ --Â Arotech Corporation (NasdaqGM: ARTX) today announced financial results for its fourth quarter and full-year ended December 31, 2014.
Full-Year 2014 Financial and Business Highlights:
Total revenues of $103.5 million in 2014, an increase of 17% compared to 2013 Adjusted EBITDA of $10.0 million in 2014, up from $6.5 million in 2013 Gross margin increased to 31.6% in 2014, compared to 27.2% in 2013 Net income of $3.5 million in 2014, up from $2.2 million in 2013 New orders totaling $96.0 million in 2014 Completed acquisition of UEC Electronics on April 1, 2014, adding engineering design, product development, rapid prototyping and... More