DELAND, FL., May 17, 2019—ARC Group Worldwide, Inc. (“ARC”or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing, today reported its results for the third fiscal quarter ending March 31, 2019.
Highlights for the third quarter of fiscal year 2019 compared to the third quarter fiscal year 2018 for Continuing Operations:
- Sales of $19.9 million, a decrease of 5.7%;
- Gross Deficit of $(0.2)million, a decrease of 113.7%;
- EBITDA of $(0.4) million, a decrease of 142.6%
Highlights for the first nine months ended March 31, 2019, compared to the first nine months ended April 1, 2018 for Continuing Operations:
- Sales of $61.3 million, an increase of 6.6%;
- Gross Profit of $4.4 million, an increase of 69.7%;
- EBITDA of $2.9 million, an increase of 2977.8%
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Investor Relations
Phone: (303)467-5236
