Skip to main content

Ark Restaurants: Fiscal Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Ark Restaurants Corp. (ARKR) on Monday reported a loss of $1.9 million in its fiscal fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 53 cents. Losses, adjusted for non-recurring gains, came to 59 cents per share.

The restaurant and bar operator posted revenue of $37.3 million in the period.

For the year, the company reported that its loss widened to $11.5 million, or $3.18 per share. Revenue was reported as $165.8 million.

Ark Restaurants shares have fallen 38% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.86, a decrease of 49% in the last 12 months.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary