NEW YORK (AP) — NEW YORK (AP) — Ark Restaurants Corp. (ARKR) on Monday reported a fiscal third-quarter loss of $3.5 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of 96 cents. Earnings, adjusted for asset impairment costs, were 7 cents per share.
The restaurant and bar operator posted revenue of $43.7 million in the period.
Ark Restaurants shares have declined 36% since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.01, a fall of 43% in the last 12 months.
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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
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