ARC Group Worldwide, Inc. Reports Preliminary Fiscal Year 2015 Results

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Canaccord Genuity Cuts Price Target on ARC Group Worldwide (ARCW) Following 6c EPS Miss

September 17, 2015 9:28 AM EDT

Canaccord Genuity reiterated a Buy rating on ARC Group Worldwide (NASDAQ: ARCW), and cut the price target to $6.00 (from $8.00), following the company's 4Q15 earnings report. Reported revenues and EPS results for the quarter of $28.8M and ($0.04) respectively compared consensus expectations for the period of... More

ARC Group Worldwide (ARCW) Misses Q4 EPS by 6c

September 16, 2015 4:34 PM EDT

ARC Group Worldwide (NASDAQ: ARCW) reported Q4 EPS of ($0.04), $0.06 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $28.8 million versus the consensus estimate of $28.62 million.

EBITDA for the fiscal year fourth quarter was $4.1 million, an increase of 65.6% compared... More