Before the bell, shares had taken off 10.5% to $5.57.
In its December-ended fourth quarter, the Ann Arbor, Mich.-based business reported a net loss of 3 cents a share. Analysts surveyed by Thomson Reuters had anticipated break-even earnings.
Revenue of $20.9 million came in 5.6% lower than a year earlier and missed forecasts for $21.7 million.
TheStreet Ratings team rates AROTECH CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate AROTECH CORP (ARTX) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall."
- You can view the full analysis from the report here: ARTX Ratings Report