ARC Document Solutions: 3Q Earnings Snapshot
SAN RAMON, Calif. (AP) _ ARC Document Solutions Inc. (ARC) on Wednesday reported third-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the San Ramon, California-based company said it had net income of 6 cents. Earnings, adjusted for pretax gains, were 5 cents per share.
The provider of document services to businesses posted revenue of $100.5 million in the period.
ARC Document Solutions expects full-year earnings in the range of 15 cents to 18 cents per share.
The company’s shares closed at $2.29. A year ago, they were trading at $2.81.