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Revision History For: ARC Capitol. (AMVC)

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Return to ARC Capitol. (AMVC)
 
A.R.C. CAPITAL said it expects a record profit of $1.2-$1.4 mln
on sales of about $10 mln for the 1996 4Q. In a statement, the
company also said its consolidated gross margins in the fourth
quarter were above 50 percent. It cited the "outstanding
performance" of its SRC VISION subsidiary as a reason for the
strong quarter. SRC Vision generated record sales and gross
margins exceeding 56 %, it said. ARC Capital expects to announce
fourth quarter earnings when it completes its audit in February.
(Reuters 11:23 AM ET 01/15/97)