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Third Quarter Fiscal 2021: ARC Group Worldwide, Inc. Reports Marked Improvement in Profitability and Topline Growth

DELAND, FL; May 10, 2021 – ARC Group Worldwide, Inc. (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today announced its operating results for the third quarter ended March 28, 2021. Highlights for the third quarter of fiscal year 2021 compared to the third quarter fiscal year 2020 for Continuing Operations: Net sales were $16.4 million, increasing by 28.2%; Gross profit was $4.0 million, increasing by 117.9%; Operating expenses were $1.9 million, decreasing by 2.0%; Interest and…

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ARC Group Worldwide Engages Imperial Capital, LLC to Explore Strategic Alternatives

DELAND, FL / ACCESSWIRE / April 5, 2021 / ARC Group Worldwide, Inc. (“ARC” or the “Company”) announced that they have hired Imperial Capital, LLC (“Imperial Capital”), a full-service Investment Bank, to serve as exclusive financial advisor to explore strategic alternatives for the Company. Imperial Capital has extensive experience advising clients in the Advanced Manufacturing sector. Jedidiah Rust, CEO of ARC said, “After the successful completion of several years of restructuring and rebuilding our core business of metal and plastic injection…

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ARC Group Worldwide Announces Investment in Veloxint CIF.

DELAND, FL; March 17, 2021 – ARC Group Worldwide, Inc. (“ARC” or the “Company”), in conjunction with its majority shareholder Quadrant Management, announced that they have entered into an ownership investment into Veloxint CIF (“Veloxint”) to enhance the development and commercialization of the nanocrystalline metal alloy materials. The agreement combines the 30 year powder metallurgy knowledge and sintering expertise at ARC with the cutting edge nano-enabled powders produced by Veloxint. ARC has begun the process of testing and commercializing the use…

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ARC Group Worldwide Reports Strong Increase in Revenue and Profitability for the Fiscal Second Quarter 2021

DELAND, FL / ACCESSWIRE / February 8, 2021 / ARC Group Worldwide, Inc. (OTC PINK:ARCW) (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today reports its results for the second fiscal quarter ending December 27, 2020. ARC reports sequential quarterly income growth for fiscal year to date 2021. Highlights for the second quarter of fiscal year 2021 compared to the second quarter fiscal year 2020 for Continuing Operations: Net sales were $14.5 million, increasing by 23.4%; Gross profit…

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ARC Group Worldwide Announces Return to Profitability for the Fiscal First Quarter 2021

DELAND, FL; January 25, 2021 – ARC Group Worldwide, Inc. (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today reports its results for the first fiscal quarter ending September 27, 2020. ARC reports net income for the three months and continued improvement compared to the prior period last year. Highlights for the first quarter of fiscal year 2021 compared to the first quarter fiscal year 2020 for Continuing Operations: ·         Net sales were $11.4 million, increasing by 7.7%; ·         Gross…

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ARC’s Wiseman Appointed to the Industry Development Board of the MPIF

Friday, November 13, 2020 12:30 PM Company Update DELAND, FL / ACCESSWIRE / November 13, 2020 / ARC Group Worldwide, Inc. (“ARC” or the “Company”) today announced that Michael Wiseman, Vice President of Engineering was recently appointed to the Industry Development Board [IDB] of the Metal Powder Industries Federation (MPIF). The IDB coordinates the marketing and public relations activities of the MPIF toward expanding the market for powder metallurgy parts and products. The Board is comprised of industry experts and…

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ARC Group Worldwide Successfully Completes Financial Restructuring

DELAND, Oct. 7, 2020 – ARC Group Worldwide, Inc. (“ARC” or the “Company”) today announced it has successfully completed its financial restructuring and emerged better positioned for the long-term with significantly reduced debt, a stronger balance sheet and enhanced financial flexibility.   Over the last year, the Company has taken steps to reduce its debt by approximately $34 million.   To see the full Financial Report, please click here  Contact: Investor Relations   Phone: (303)467-5236   Email: InvestorRelations@arcw.com

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ARC Group Worldwide Wins Three MIM Awards At 2020 MPIF Powder Metallurgy Design Excellence Competition

Princeton, NJ (MPIF):  A Grand Prize has been awarded to ARC Group Worldwide in the Hardware/Appliances Category for metal injection molded (MIM) components, for a gearbox used in a drive system for motorized blinds. The component holds nine gears that rotate when actuated, to allow blinds to function with a remote-control device. An Award of Distinction in the Aerospace/Military/Firearms Category for Metal Injection Molded (MIM) components, has been given to ARC Group Worldwide for lever actuators for vanes in a…

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ARC Group Worldwide, Inc. Announces Third Quarter 2019 Results

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…

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ARC Group Worldwide, Inc. Announces Third Quarter Fiscal 2019 Earnings Release Date and Conference Call

LONGMONT, CO – May 16, 2019 – ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing solutions, announced today it will issue its earnings press release for the third quarter ended March 31, 2019 after the market closes on Friday, May 17, 2019. The Company’s earnings press release will be available on the Investor Relations section of the Company’s website at www.arcw.com. ARC also announced it will hold a conference call to discuss the quarterly results on Friday, May 17, 2019…

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