Date: March 16, 2006
Source: News Room
Appliance Recycling Centers of America, Inc. (Nasdaq: ARCI) has reported revenues of $74.9 million for the year ended Dec. 31, 2005, an increases of 42 percent from the same period in 2004. ARCA's net loss for the year declined to $933,000, or $0.22 per diluted share, from $1.3 million, or $0.48 per diluted share in 2004. The per-share amounts reflect the greater number of shares outstanding in 2005 as a result of the private placement of ARCA common stock in December 2004.
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