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ARC Group Worldwide Inc (ARCW.OQ)

ARCW.OQ on NASDAQ Stock Exchange Capital Market

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21 May 2019
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Latest Key Developments (Source: Significant Developments)

ARC Group Worldwide Reports Qtrly Loss Of $0.12 Per Share From Continuing Operations
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - ARC Group Worldwide Inc ::ARC GROUP WORLDWIDE ANNOUNCES SECOND QUARTER 2019 RESULTS.Q2 SALES ROSE 19.9 PERCENT TO $20.9 MILLION.QTRLY GROSS PROFIT OF $1.5 MILLION, AN INCREASE OF 602.3%.QTRLY EBITDA OF $0.8 MILLION, AN INCREASE OF 168.4%.QTRLY ADJUSTED LOSS PER SHARE $0.12.QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.12.  Full Article

Arc Group Worldwide Q1 Sales Rose 7.7 Percent To $20.6 Million
Wednesday, 14 Nov 2018 

ARC Group Worldwide Inc ::ARC GROUP WORLDWIDE ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 SALES ROSE 7.7 PERCENT TO $20.6 MILLION.REDUCED LABOR IN QUARTER.PROJECTING AN INCREASE OF 58.1% AND 6.6%, RESPECTIVELY, FOR FISCAL YEAR 2019 REVENUES OVER FISCAL YEAR 2018 REVENUES.PLANNED SALE OF 3D MATERIAL TECHNOLOGIES HAS BEEN PROGRESSING AS EXPECTED.EXPECT WILL BE ABLE TO SELL 3DMT PRIOR TO END OF THIRD-QUARTER FISCAL YEAR 2019.QTRLY NET LOSS ATTRIBUTABLE TO ARC GROUP WORLDWIDE $0.07 PER SHARE.  Full Article

ARC Group Worldwide Reports Qtrly ‍adj Loss Per Share $0.23​
Friday, 9 Feb 2018 

Feb 9 (Reuters) - ARC Group Worldwide Inc ::ARC GROUP WORLDWIDE REPORTS FISCAL YEAR SECOND QUARTER 2018 RESULTS.Q2 REVENUE $18.4 MILLION VERSUS $27 MILLION.QTRLY ‍ADJ LOSS PER SHARE $0.23​.QTRLY ‍LOSS PER SHARE ATTRIBUTABLE TO ARC GROUP WORLDWIDE $0.24​.  Full Article

Arc Group Worldwide Names Brian Knaley As CFO
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Arc Group Worldwide Inc ::ARC GROUP WORLDWIDE ANNOUNCES NEW CHIEF FINANCIAL OFFICER.ARC GROUP WORLDWIDE INC - ANNOUNCED APPOINTMENT OF R. BRIAN KNALEY AS COMPANY'S NEW CHIEF FINANCIAL OFFICER.ARC GROUP WORLDWIDE INC - ‍ KNALEY WILL REPLACE CURRENT CHIEF FINANCIAL OFFICER KELLEY, WHO WILL REMAIN WITH COMPANY AS INTERIM CHIEF EXECUTIVE OFFICER​.  Full Article

Stifel, Nicolaus & Co Inc reported passive stake of 5.08 pct in Arc Group Worldwide
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Arc Group Worldwide Inc ::Stifel, Nicolaus & Company Inc reported passive stake of 5.08 percent in Arc Group Worldwide Inc as on October 31, 2017 - SEC filing‍​‍​.  Full Article

ARC Group worldwide announces qtrly ‍loss per share $0.57​
Tuesday, 26 Sep 2017 

Sept 26 (Reuters) - ARC Group Worldwide Inc :ARC Group worldwide announces initial results from strategic operating review and reports fiscal year fourth quarter 2017 financial results.Q4 adjusted loss per share $0.02.Q4 revenue $22.1 million.Qtrly ‍loss per share $0.57​.ARC Group Worldwide Inc - As a result of operational review, headcount reductions and other cost-reducing measures were implemented.ARC Group Worldwide Inc says operational review was conducted at all ARC business units​.ARC Group - Cost savings under review estimated to have eliminated or otherwise prohibited going forward about $6.0 million in annualized costs​.ARC Group Worldwide - As result of operational review, also elected to exit products, projects that were deemed "either low margin or currently unprofitable"​.ARC Group Worldwide Inc - Concluded that goodwill was impaired at its ATC and Kecy subsidiaries, recording a non-cash impairment charge of $3.3 million​.ARC Group Worldwide Inc - ‍Company continues to evaluate further measures on an ongoing basis​.ARC Group Worldwide Inc - ARC also revised, and "placed greater executive oversight over, company's tooling pricing strategy"​.ARC Group Worldwide Inc - Co divested assets of its flange subsidiary for $3.0 million on September 15.ARC Group Worldwide Inc - ‍Company continues to evaluate further strategic measures on an ongoing basis​.  Full Article

ARC Group Worldwide ‍announces sale of non-core division​‍​
Monday, 18 Sep 2017 

Sept 19 (Reuters) - ARC Group Worldwide Inc ‍​:ARC Group Worldwide Inc - ‍announces sale of non-core division​.ARC Group Worldwide Inc - board of directors appointed a special committee consisting of independent directors to oversee and negotiate sale process.ARC Group Worldwide Inc - announced completion of sale of General Flange & Forge LLC, a non-core subsidiary of ARC.  Full Article

ARC Group Worldwide names Drew Kelley interim CEO
Friday, 23 Jun 2017 

June 23 (Reuters) - ARC Group Worldwide Inc -:ARC Group Worldwide announces new interim chief executive officer and board member.Says Drew M. Kelley appointed interim ceo.ARC Group Worldwide Inc- appointment of Drew M. Kelley will be effective July 1, 2017.ARC Group Worldwide Inc- Kelley is replacing Jason T. Young.  Full Article