Arc Document Solutions, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 04:10 pm EDT
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ARC Document Solutions, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 98.873 million compared to USD 104.190 million a year ago. Operating income was USD 5.762 million compared to USD 7.344 million a year ago. Net income was USD 524,000 compared to USD 4.074 million a year ago. Basic earnings per share was USD 0.01 compared to USD 0.09 a year ago. For the half year, sales was USD 195.995 million compared to USD 201.898 million a year ago. Operating income was USD 7.905 million compared to USD 9.220 million a year ago. Net income was USD 1.116 million compared to USD 4.702 million a year ago. Basic earnings per share was USD 0.02 compared to USD 0.1 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.