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ARC Document Solutions (NYSE: ARC) provides essential news and updates for stakeholders tracking developments in digital printing and document management solutions. This centralized resource aggregates official press releases, financial announcements, and strategic updates from the leader in architecture/construction sector document services.
Investors and industry professionals will find timely information about earnings reports, technology innovations, and operational milestones. Our curated collection ensures access to verified updates on managed print solutions, scanning advancements, and sustainability initiatives without market speculation.
Key updates include corporate announcements, partnership developments, equipment launches, and service expansions. Bookmark this page for direct access to ARC's evolving story in digital document solutions, featuring actionable insights for informed decision-making in the AEC sector.
ARC Document Solutions, Inc. reported growth in overall sales and earnings for Q1 2024. Net sales increased to $70.8 million, gross margin declined slightly to 32.2%, net income attributable to ARC rose to $2.5 million, and adjusted net income increased to $2.6 million. Earnings per share - diluted improved to $0.06, adjusted to $0.06. Cash provided by operating activities was $3.7 million, EBITDA was $7.9 million, and adjusted EBITDA was $8.6 million. Despite challenges like inflationary pressures and lower gross margin, ARC's strategic focus and investments drove sales growth.
ARC Document Solutions, Inc. (NYSE:ARC) has declared a quarterly cash dividend of $0.05 per share payable on August 30, 2024, to shareholders of record as of July 31, 2024. The ex-dividend date is July 30, 2024. ARC will hold a conference call on May 7, 2024, to discuss its first quarter 2024 results.
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