ARC Document Solutions, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022 at 04:03 pm EDT
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ARC Document Solutions, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 74.56 million compared to USD 68.8 million a year ago. Net income was USD 3.26 million compared to USD 2.57 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to USD 0.06 a year ago.
For the six months, sales was USD 144.05 million compared to USD 130.53 million a year ago. Net income was USD 5.23 million compared to USD 3.36 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.08 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.