ARC Document Solutions Inc (ARC) Releases Earnings Results, Reports EPS of $0.10 EPS

ARC Document Solutions Inc (ARC) reported quarterly earnings results on Tuesday, Aug-2-2016. The company reported $0.10 EPS for the quarter. Analysts had a consensus estimate of $0.10. The company posted revenue of $103.80 million in the period, compared to analysts expectations of $109.30 million. The company’s revenue was down -8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

ARC Document Solutions Inc opened for trading at $3.85 and hit $3.96 on the upside on Friday, eventually ending the session at $3.94, with a gain of 1.55% or 0.06 points. The heightened volatility saw the trading volume jump to 1,25,808 shares. Company has a market cap of $186 M.

In a different news, on Jul 5, 2016, Dennis Jeffery Grimes (VP, Sr. Counsel & Secty) purchased 803 shares at $3.31 per share price. According to the SEC, on Jun 8, 2016, Kumarakulasingam Suriyakumar (Chairman, President and CEO) sold 200,000 shares at $4.09 per share price. On Dec 28, 2015, Mark W Mealy (director) sold 30,000 shares at $4.35 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.

ARC Document Solutions Inc

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