ARC Document Solutions, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2020
May 05, 2020 at 04:09 pm EDT
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ARC Document Solutions, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, the company announced net sales of USD 88.425 million compared to USD 97.122 million a year ago. Income from operations was USD 2.662 million compared to USD 2.143 million a year ago. Net income was USD 462 million compared to USD 447 million a year ago. Basic earnings per share was USD 0.02 compared to USD 0.01 a year ago.
ARC Document Solutions, Inc. is a provider of digital printing and document-related services. It also provides other digital printing and scanning services to a variety of industries all over North America and in select markets around the world. Its primary services are digital printing of general and specialized business documents, such as those found in marketing and advertising, engineering and construction and other industries, as well as producing customized display graphics of all types and sizes; acquiring, placing and managing office printing equipment with device tracking and print management software at its customerâs offices and job sites; scanning documents, indexing them and adding digital search features for use in digital document management, document archives and facilities management, as well as providing other digital imaging services; and reselling digital printing equipment and supplies. Its products and services are available from each of its service centers.