Arotech Corporation (ARTX) Reports In-Line Q1 EPS

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Arotech Reports First Quarter Revenues of $24.2 Million; Adjusted EPS of $0.03

May 11, 2015 4:06 PM EDT

ANN ARBOR, Mich., May 11, 2015 /PRNewswire/ -- Arotech Corporation (NasdaqGM: ARTX) today announced financial results for its quarter ended March 31, 2015.

First Quarter 2015 Financial and Business Highlights:

Total revenues of $24.2 million, an increase of 8.2% compared to Q1 2014 Adjusted EPS of $0.03, compared to $0.09 in Q1 2014 Backlog of orders as of March 31, 2015 totaled approximately $63.4 million versus $51.9 million for the same time last year

"Demand for more energy-efficient power systems and our advanced simulation and training solutions continues to reinforce our confidence in our outlook... More