ARC Group Worldwide (ARCW) Misses Q1 EPS by 2c

Go back to ARC Group Worldwide (ARCW) Misses Q1 EPS by 2c

ARC Group Worldwide, Inc. Reports First Quarter Fiscal Year 2016 Results

November 5, 2015 4:30 PM EST

DELAND, FL -- (Marketwired) -- 11/05/15 -- ARC Group Worldwide, Inc. ("ARC" and the "Company") (NASDAQ: ARCW), a leading global provider of advanced manufacturing and 3D printing solutions, today reported its first quarter fiscal year 2016 (September 27, 2015) results.

Fiscal First Quarter Results

Fiscal first quarter revenue was $24.5 million, a decrease of 14.7% compared to the prior year period. The decrease was due to lower sales to European automotive customers and delayed U.S. product launches, as well as macro and customer attrition... More