Gate News message, April 16 — Arxis (ARXS.US), an aerospace and defense parts manufacturer, listed on the U.S. stock market on Thursday, opening up 32.7% to $37.16 per share. The company’s IPO price was set at $28 per share.
Arxis manufactures electronic and mechanical components for aerospace and defense companies. In fiscal year 2025, the company posted revenue of $1.59 billion and returned to profitability, swinging from a net loss of $55 million in 2024 to a net profit of $46 million. The company serves over 5,000 customers, with approximately 90% of its revenue derived from proprietary products.
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