Arxis Stock Price, News & Analysis

Arxis, Inc. designs and manufactures proprietary electronic and mechanical components used in applications that require performance in extreme environments. The company operates as an engineered-components manufacturer with reported business organized around Electronic Components and Mechanical Components. Its Class A common stock trades on The Nasdaq Stock Market under the symbol ARXS.

The Electronic Components segment provides specialized, engineered electronic components and interconnect solutions. The product categories identified for this segment include connectors, cable assemblies, microelectronic packaging, RF and microwave products, power products, sensors, capacitors and resistors. These products place Arxis in component categories used where engineered performance, reliability and integration requirements are central to the application.

The Mechanical Components segment provides precision and self-lubricating bearings, seals, springs, gaskets and ducting, and radar absorbing materials. The company identifies this segment as the larger contributor to revenue. Arxis also reports the United States as its largest geographic revenue source.

Arxis became a public company through a completed initial public offering of Class A common stock and a related corporate reorganization. Immediately before the IPO was completed, the company reorganized the Arxis Businesses into wholly owned subsidiaries, including IPS, Quantic, Connector and Ovation. The structure placed the businesses under Arxis, Inc., a Delaware corporation headquartered in Bloomfield, Connecticut.