Arxis: Q2 Earnings Snapshot

BLOOMFIELD, Conn. (AP) — BLOOMFIELD, Conn. (AP) — Arxis Inc. (ARXS) on Wednesday reported a loss of $4.9 million in its second quarter.

On a per-share basis, the Bloomfield, Connecticut-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, were 28 cents per share.

The aerospace and defense components manufacturer posted revenue of $500.7 million in the period.

Arxis expects full-year revenue in the range of $1.96 billion to $1.98 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARXS at https://www.zacks.com/ap/ARXS

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