ARC Document Solutions (ARC) Misses Q3 EPS by 1c; Guides Lower

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Go back to ARC Document Solutions (ARC) Misses Q3 EPS by 1c; Guides Lower

ARC Document Solutions Reports Results for Third Quarter 2015

November 4, 2015 4:06 PM EST

WALNUT CREEK, CA -- (Marketwired) -- 11/04/15 -- ARC Document Solutions, Inc. (NYSE: ARC), the nation's leading document solutions provider for the architecture, engineering, and construction (AEC) industry, today reported its financial results for the third quarter ended September 30, 2015.

2015 Third Quarter Business Highlights:

Adjusted diluted earnings per share were $0.09 vs. $0.06 in Q3 2014; adjustments include the reversal of more than $70 million of a valuation allowance against certain of ARC's deferred tax assets as a result of the company's sustained profitability over the past three years and forecasted continuing profitability... More