ARC Document Solutions Reports Results for First Quarter 2016

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ARC Document Solutions (ARC) Reports In-Line Q1 EPS

May 3, 2016 4:33 PM EDT

ARC Document Solutions (NYSE: ARC) reported Q1 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $103.6 million versus the consensus estimate of $100.55 million.

"We continue to make progress towards the transformation of the company," said K. "Suri" Suriyakumar, Chairman, President and CEO of ARC Document Solutions. "Our sales performance was as expected but the margins were softer due to our product mix. That... More