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Arotech Corp Raises FY 2013 Guidance

Monday, 12 Aug 2013 04:00pm EDT 

Arotech Corp announced that it increasing fiscal 2013 guidance and anticipates that revenues will range from $87 million to $89 million. This is an increase from the former guidance range of between $85 million and $87 million. The Company also expects adjusted EBITDA for fiscal 2013 to be in the range of between $4.5 million and $5.0 million, increase from the formerly expected range of between $2.9 million and $3.4 million . According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $86 million and EBITDA of $3.43 million for fiscal 2013. 

Company Quote

2:23pm EDT