Rc Fornax (LON:RCFX) Posts Earnings Results

Rc Fornax (LON:RCFX) announced its quarterly earnings results on Wednesday. The company reported GBX 1 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 221 million for the quarter.

Rc Fornax Trading Down 6.8%

RCFX stock opened at GBX 7.64 on Wednesday. Rc Fornax has a twelve month low of GBX 5.80 and a twelve month high of GBX 56. The stock has a market cap of £7.33 million and a PE ratio of -1.91. The company’s 50-day moving average is GBX 8.62.

About Rc Fornax

RC Fornax is an established, highly accredited engineering consultancy, formed to define and execute engineering design projects under Statements of Work, enhancing and augmenting customer capabilities while improving project efficiency. A rapid growth, market-disruptive, solutions provider in the defence sector, RC Fornax was founded by two ex-RAF engineers who spotted deficiencies in the existing outsourced contract defence market. By leveraging this experience, RC Fornax aims to become a challenger to the industry and establish itself to be a best-in-class provider of services to the UK defence sector, by offering a wider range of expertise and capabilities, with an initial focus on systems, software and hardware engineering.

By utilising a well-established associate community approach to augment core capabilities, RC Fornax defines and executes engineering design projects under Statements of Work.