ARC Document Solutions Inc (ARC) reported quarterly earnings results on Tuesday, May-3-2016. The company reported $0.06 EPS for the quarter. Analysts had a consensus estimate of $0.06. The company posted revenue of $103.60 million in the period, compared to analysts expectations of $100.55 million. The company’s revenue was down -.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.
ARC Document Solutions Inc opened for trading at $4.16 and hit $4.2343 on the upside on Monday, eventually ending the session at $4.2, with a gain of 1.94% or 0.08 points. The heightened volatility saw the trading volume jump to 1,18,854 shares. Company has a market cap of $198 M.
In a different news, on Feb 26, 2016, Dennis Jeffery Grimes (VP, Sr. Counsel & Secty) purchased 3,500 shares at $3.41 per share price. According to the SEC, on Dec 28, 2015, Mark W Mealy (director) sold 30,000 shares at $4.35 per share price. On Feb 27, 2015, Dewitt Kerry Mccluggage (director) sold 34,676 shares at $8.74 per share price, according to the Form-4 filing with the securities and exchange commission.
ARC Document Solutions Inc. (ARC) is a document solutions provider to businesses of various types specially the non-residential segment of the architecture engineering and construction (AEC) industry. ARC’s service and product offerings are classified as: Onsite Services consisting of managed print services (MPS) and facilities management (FM) services; Digital Services consisting of digital document management services of various kinds including archive and information management (AIM) digital shipping and managed file transfer software licensing and technology consulting services; Color Services consisting of specialized digital color printing and finishing services; Traditional Reprographics consisting of the management distribution and print-on-demand of construction drawings and specification books and Equipment and Supplies consisting of reselling printing imaging and related equipment and supplies. The Company’s brands include ARC and Riot Creative Imaging.