Aerojet Rocketdyne (AJRD) Posts Q3 GAAP Loss of 16c/Share

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Aerojet Rocketdyne Holdings, Inc. Reports Third Quarter 2015 Results

October 13, 2015 4:11 PM EDT

SACRAMENTO, Calif., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today reported results for the third quarter ended August 31, 2015.

Financial Overview

Third quarter of fiscal 2015 compared to third quarter of fiscal 2014

Net sales for the third quarter of fiscal 2015 totaled $440.5 million compared to $421.2 million for the third quarter of fiscal 2014. Net loss for the third quarter of fiscal 2015 was $(38.1) million, or $(0.62) loss per share, compared to a net loss of $(9.9) million, or $(0.18) loss per share, for the third quarter of fiscal 2014. Net loss... More