ARC Document Solutions, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 28, 2024 at 04:09 pm EST
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ARC Document Solutions, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 68.88 million compared to USD 68.82 million a year ago. Net loss was USD 0.888 million compared to net income of USD 2.12 million a year ago.
Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.05 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.