Arca swings to 2d-qtr. loss on lower revenue
Aug 08, 2012 | 04:04 PM
|
Tags
Appliance Recycling Centers of America,
Arca,
Edward Cameron,
earnings
PITTSBURGH — A decline in volumes generated by energy efficiency programs, narrower margins in its retail segment and startup costs for a new processing center pushed Appliance Recycling Centers of America Inc. (Arca) into the red in the second quarter.
The Minneapolis-based appliance recycler posted a $551,000 net loss for the three months ended June 30 in contrast to net income of nearly $2.08 million a year earlier on revenue that fell 10.8 percent to $29.34 million.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here