Arca returns to profitability despite sales dip

May 07, 2013 | 04:38 PM | Lisa Gordon

Tags  Appliance Recycling Centers of America, Arca, Edward Cameron, Lisa Gordon

PITTSBURGH — Appliance Recycling Centers of America Inc. (Arca) returned to profitability in the first quarter, citing the replacement of white goods by consumers as a driving force.

The Minneapolis-based recycler posted net income of $184,000 in contrast to a $66,000 net loss in the first three months of last year despite an 8.6-percent decline in revenue to $18.1 million.....





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