Arxis Posts $83.7 Million Q3 Profit, Guides Full-Year Revenue to $2.05B-$2.07B

Arxis Inc. (ARXS) reported third-quarter net income of $83.7 million, or 20 cents per share, the Bloomfield, Connecticut-based aerospace and defense components manufacturer said Wednesday. Adjusted earnings were 37 cents per share, excluding one-time gains and costs. Revenue for the quarter totaled $564 million. The company forecast full-year revenue in the range of $2.05 billion to $2.07 billion.