Armco Metals Holdings, Inc. (AMCO) Posts Q2, HY14 Results, Strengthens Top Line
Armco Metals reports financial results for the second quarter ended June 30, 2014, recording sequential increases across most of the board as well as year-over-year increases in total sales. Armco is a U.S.-based company that engages in the import, sale, and distribution of metal ore and non-ferrous metals in the People's Republic of China, recycles scrap metals used by steel mills in the production of recycled steel, and provides sourcing and pricing services for various metals to its network of customers. The company’s second-quarter total revenue increased 19% to $32.9 million compared to $27.7 million recorded in the comparable quarter…