Welcome to our dedicated page for ARC Document Solutions news (Ticker: ARC), a resource for investors and traders seeking the latest updates and insights on ARC Document Solutions stock.
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 its financial results for Q3 2021, showing net sales of $72.4 million, unchanged from Q3 2020. The gross margin decreased slightly to 32.8%. Net income rose to $3.2 million, up from $2.8 million a year earlier, while adjusted earnings per share increased to $0.08. EBITDA was $11 million, reflecting a reduction from the previous year. The company noted an increase in demand for environmental graphics and color printing, despite challenges in the construction segment. Cash provided by operating activities was $11.3 million.
ARC Document Solutions (NYSE:ARC) will hold a conference call on November 4, 2021, at 2 P.M. Pacific Time to discuss its third quarter 2021 results. The related press release will be issued the same day after market close. For the call, dial (833) 968-2212 or (778) 560-2897 for international access, using conference code 1086023. A live webcast will be available on their investor relations page, and a replay will be accessible after the call.
ARC Document Solutions, Inc. (NYSE:ARC) reported a 7% year-over-year increase in net sales for Q2 2021, totaling $68.8 million, compared to $64.3 million in Q2 2020. Gross margin improved to 33.1%, up from 31.8%. Net income attributable to ARC was $2.6 million, with diluted EPS rising to $0.06. The company noted strong sales growth across all major categories, driven by targeted marketing efforts and a recovering economy. Cash flows from operating activities stood at $11.5 million, reflecting a resilient financial position despite previous pandemic challenges.
ARC Document Solutions (NYSE:ARC) has declared a quarterly cash dividend of $0.02 per share, payable on November 30, 2021, to shareholders of record as of October 29, 2021. The ex-dividend date is set for October 28, 2021. This dividend marks the fourth of four quarterly dividends announced for 2021 on December 10, 2020. The company specializes in document distribution and graphic production services for professionals in various fields.
ARC Document Solutions announces a conference call on August 3, 2021, at 2 P.M. PT to discuss its Q2 2021 results. The press release detailing these results will be issued the same day after market close. Interested participants can join live by dialing (833) 968-2212 or (778) 560-2897 for international calls, using conference code 1237156. A webcast will also be available on the company's investor relations page.
ARC Document Solutions announced its Q1 2021 results, reporting net sales of $61.7 million, down 30.2% from $88.4 million in Q1 2020. Gross margin decreased to 30.4% from 31.2%, while net income rose slightly to $0.8 million compared to $0.7 million in the previous year. EBITDA was $8.4 million, down from $10.9 million, attributed primarily to pandemic-related impacts. Cost-saving measures resulted in a 30.2% reduction in SG&A expenses. The company is refraining from issuing a 2021 forecast due to ongoing economic uncertainty.
SAN RAMON, CA / ACCESSWIRE / April 30, 2021 / ARC Document Solutions, Inc. (NYSE:ARC) has declared a quarterly cash dividend of $0.02 per share. This dividend will be payable on August 31, 2021 to shareholders of record as of July 30, 2021, with the ex-dividend date set for July 29, 2021. This announcement marks the third of four planned quarterly dividends for 2021, initially announced on December 10, 2020.
ARC Document Solutions (NYSE:ARC) has secured a new five-year revolving line of credit worth $70 million, replacing its previous credit agreement from November 2014. The agreement allows for restricted payments, including share repurchases and dividends, up to $15 million per year. ARC's interest rate starts at LIBOR plus 150 basis points, adjusted quarterly based on its total leverage ratio. This new credit facility is designed to reinforce ARC's capital structure and support shareholder value through growth opportunities until April 2026.
ARC Document Solutions will hold a conference call on May 4, 2021, at 2 P.M. PT to discuss its first quarter 2021 results. The press release will be available after market close on the same day. To join, use phone numbers (833) 968-2212 for domestic callers and (778) 560-2897 for international. The conference code is 9468408. A live webcast will also be accessible on the investor relations page of the ARC website, with a replay offered post-call.
ARC Document Solutions (NYSE:ARC) reported Q4 and full year 2020 results, highlighting a 30.3% decline in net sales for the fourth quarter, totaling $64.3 million, compared to $92.3 million in Q4 2019. Full-year net sales decreased 24.3% to $289.5 million from $382.4 million in 2019. Despite these declines, net income increased to $1.3 million in Q4 and $6.2 million for the year. The company maintained a gross margin of 32.1% and resumed dividends while reducing debt. Cash and cash equivalents at year-end stood at $55 million.
FAQ
What is the current stock price of ARC Document Solutions (ARC)?
What is the market cap of ARC Document Solutions (ARC)?
