ARC Document Solutions (ARC) Tops Q2 EPS by 2c

ARC Document Solutions (NYSE: ARC) reported Q2 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $102.3 million versus the consensus estimate of $100.74 million.

GUIDANCE:

ARC Document Solutions sees FY2017 EPS of $0.24-$0.29.

ARC Document Solutions maintained its annual forecast for 2017, anticipating fully-diluted annual adjusted earnings per share to be in the range of $0.24 to $0.29; annual adjusted cash provided by operating activities is projected to be in the range of $49 to $54 million; and annual adjusted EBITDA is forecast to be in the range of $58 million to $63 million.

For earnings history and earnings-related data on ARC Document Solutions (ARC) click here.

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