DELAND, Fla. (AP) _ ARC Group Worldwide Inc. (ARCW) on Monday reported a fiscal first-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier.
The Deland, Florida-based company said it had a loss of 20 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 16 cents per share.
The manufacturer posted revenue of $20 million in the period.
In the final minutes of trading on Monday, the company's shares hit $2.43. A year ago, they were trading at $4.05.