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Ark Restaurants Corp  (ARKR)
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    Sector  Services    Industry Restaurants
 
 

EARNINGS REPORT by CSIMarket

EPS Soar, Single Digit Topline Growth


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Ark Restaurants Corp announced first quarter 2016 operating income of $2.942 millions



For the first quarter 2016 Ark Restaurants Corp earnings per share soared by 444.44 % of $0.49 per share compare to $0.09 a year ago and eps soared by 78.49 % from $0.27 per share from the previous quarter.

Sales grew by 6.32 % to $38 millions from $36 millions in the same quarter a year ago and sequentially Sales decreased by -0.38 % from $39 millions.



Net income of $2 millions in the first quarter 2016 increased by 338.03 % from break-even achieved in the corresponding quarter a year ago. Ark Restaurants Corp also emphasized it's improving profit margins, where net margin rose to 5.43% in first quarter 2016, and operating margin edged up to 7.66%.
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Ark Restaurants reported forth quarter 2016 earnings

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