Applied Aerospace & Defense Inc. (AADX), based in Huntsville, Alabama, reported a loss of $154 million in its second quarter. The company had a loss of $1.04 per share, with adjusted losses of 25 cents per share.
The aerospace and defense manufacturer posted revenue of $167.3 million in the period. Applied Aerospace expects full-year revenue in the range of $670 million to $690 million.
Original reporting: Alexandria, VA News – WTOP News — read the source article.
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