{"id":23729,"date":"2014-05-27T13:28:20","date_gmt":"2014-05-27T17:28:20","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=23729"},"modified":"2014-05-27T13:28:20","modified_gmt":"2014-05-27T17:28:20","slug":"arotech-corporation-nasdaqartx-announces-q1-financial-results","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/arotech-corporation-nasdaqartx-announces-q1-financial-results-23729","title":{"rendered":"Arotech Corporation (NASDAQ:ARTX) Announces Q1 Financial Results"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 05\/27\/2014 (wallstreetpr) \u2013\u00a0 The leading American company <b>Arotech Corporation (NASDAQ:ARTX) <\/b>recently announced the financial results for the Q1 of the current year. The details of these financial results can be found below-<\/p>\n<p style=\"text-align: justify;\"><b>Financial Results<\/b>:<\/p>\n<p style=\"text-align: justify;\">The company managed to earn revenues of $22.4 million in the first quarter of the current year. If compared with the Q1 of the last year, you can see that there was a slight growth of 1% over a period of 12 months. Arotech Corporation (NASDAQ:ARTX) managed to earn $22.1 million revenues in the Q1 of the previous year. The gross profit of the company for the quarter ended on March 31st, 2014 was $7.3 million in comparison to the $5.3 million worth of revenues earned in theQ1 of the previous year. On the basis of these figures one can see that the company managed to grew by a rate of 8.9% in terms of revenues over last 12 months.<\/p>\n<p style=\"text-align: justify;\">The adjusted EBITDA of the company for the first three months of the current year was $2.4 million. Company managed to grow at a rate of 61% on YOY basis over last 12 months. The adjusted EBITDA of the company for the Q1 2013 was $1.5 million.<\/p>\n<p style=\"text-align: justify;\">The operating income of Arotech Corporation (NASDAQ:ARTX) for the Q1 was recorded as $1.3 million, in comparison to the operating income of $841,000 for the Q1 of the previous year. Along with operating income, grew operating expenses. The OE for the Q1 2014 were $6.0 million in comparison to $4.4 million worth of OE for the Q1 of the last year. The net income of the company for the Q1 was $1.0 million, in comparison to $616,000 of the Q1 of the previous year. Net EPS for the Q1 was $0.05, in comparison to $0.03 per share for the Q1 of the last year. As the market conditions are improving with a good pace, so you can see way better results in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 05\/27\/2014 (wallstreetpr) \u2013\u00a0 The leading American company Arotech Corporation (NASDAQ:ARTX) recently announced the financial results for the Q1 of the current year. The [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":16693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[2373,2374],"stock_ticker":[],"class_list":["post-23729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-arotech-corporation-nasdaqartx","tag-nasdaqartx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arotech Corporation (NASDAQ:ARTX) Announces Q1 Financial Results - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/arotech-corporation-nasdaqartx-announces-q1-financial-results-23729\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arotech Corporation (NASDAQ:ARTX) Announces Q1 Financial Results - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 05\/27\/2014 (wallstreetpr) \u2013\u00a0 The leading American company Arotech Corporation (NASDAQ:ARTX) recently announced the financial results for the Q1 of the current year. 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