Arotech Corp. (ARTX) Misses Q4 EPS by 3c

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Arotech Reports Fourth Quarter and Full Year 2016 results

March 15, 2017 4:23 PM EDT

ANN ARBOR, Mich., March 15, 2017 (GLOBE NEWSWIRE) -- Arotech Corporation (Nasdaq: ARTX) today announced financial results for its fourth quarter and twelve months ended December 31, 2016.

Full-year 2016 Financial Highlights:

Total revenues of $93.0 million in 2016 compared to $96.6 million in 2015, below 2016 guidanceNet loss from continuing operations of $(1.5) million or $(0.06) per basic and diluted share versus a net loss from continuing operations of $(2.1) million or $(0.08) per basic and diluted share for the prior yearAdjusted EBITDA of $7.1 million... More