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.