Welcome to our dedicated page for ARC Document Solutions news (Ticker: ARC), a resource for investors and traders seeking the latest updates and insights on ARC Document Solutions stock.
ARC Document Solutions, Inc. (NYSE:ARC) is a global provider of technology and information management solutions specifically tailored for the architecture, engineering, and construction (AEC) industries. Renowned for its comprehensive service offerings, ARC excels in digital printing, managed print services (MPS), scanning and digital imaging, web-based document management applications, and equipment and supplies sales. The company operates through its extensive network of over 170 service centers worldwide, as well as providing onsite and cloud-based solutions.
ARC has garnered accolades from prestigious entities such as Forbes, Gartner, BERTL, and Océ, underscoring its commitment to innovation and excellence. The company's clientele includes some of the world's largest architecture and construction firms, benefiting from ARC's advanced digital printing technology and sustainable materials.
Recent achievements highlight ARC's robust financial performance and strategic initiatives to enhance shareholder value. Notably, ARC has expanded its share repurchase program to $20 million through March 2026, reflecting the company's confidence in its intrinsic value. The firm has also maintained a steady dividend payout, reinforcing its commitment to returning value to shareholders.
Key recent developments include:
- On June 26, 2023, ARC amended its credit agreement, allowing more favorable terms for restricted payments, including dividends and stock repurchases.
- On July 26, 2023, ARC's board declared a quarterly cash dividend of $0.05 per share, payable on November 30, 2023.
- Throughout 2023, ARC continued its stock repurchase activities, acquiring significant shares in open market transactions.
- On February 28, 2024, ARC reported financial results for the fourth quarter and full year 2023, noting a slight increase in net revenue for Q4.
- On May 6, 2024, ARC announced another quarterly dividend, payable on August 30, 2024, alongside its upcoming Q1 2024 financial results.
ARC's forward-looking statements, grounded in current management estimates, reflect its strategic focus and operational strength. With a commitment to innovative solutions and shareholder value, ARC Document Solutions continues to play a pivotal role in the AEC industry.
For more information, visit www.e-arc.com.
ARC Document Solutions reported strong financial results for Q2 2022, with net sales of $74.6 million, an 8.4% increase year-over-year. The company achieved a gross margin of 34.2%, up from 33.1% in Q2 2021, and net income of $3.3 million, compared to $2.6 million in the previous year. Earnings per share rose to $0.08, matching the prior year's adjusted figure. Management anticipates continued growth, with projected quarterly sales exceeding $70 million. A quarterly cash dividend of $0.05 is planned for August 31, 2022.
ARC Document Solutions (NYSE:ARC) has declared a quarterly cash dividend of $0.05 per share. The dividend will be paid on November 30, 2022 to shareholders recorded by October 31, 2022. The ex-dividend date is set for October 28, 2022. With over 130 service centers globally, ARC specializes in digital printing and document imaging services for various industries.
ARC Document Solutions (NYSE:ARC) will host a conference call on August 3, 2022, at 2 PM PT to discuss its Q2 2022 results. A press release detailing the results will be issued the same day before the call. Interested parties can join the call by dialing (888) 330-2446 in the U.S. or (240) 789-2732 internationally, using conference code 4600919. A live webcast will be available on the company’s investor relations website, along with a replay after the call.
ARC Document Solutions reported financial results for Q1 2022, showing net sales of $69.5 million, up 12.6% from $61.7 million in Q1 2021. Gross margin improved to 32.3%, driven by strong sales across all business lines, particularly digital printing and scanning services. Net income attributable to ARC was $2.0 million, doubling from $0.8 million year-over-year. Despite a decrease in cash provided by operating activities to $2.9 million from $5.4 million, the company anticipates continued growth in 2022 due to favorable market conditions and increased demand.
ARC Document Solutions (NYSE:ARC) declared a quarterly cash dividend of $0.05 per share, payable on August 31, 2022. Shareholders of record as of July 29, 2022 will receive the dividend, with an ex-dividend date of July 28, 2022. This announcement highlights the company's commitment to return value to its shareholders while continuing to provide specialized digital printing and document services through its extensive network of over 130 service centers in North America and select international locations.
SAN RAMON, CA / ACCESSWIRE / April 12, 2022 / ARC Document Solutions (NYSE:ARC) will conduct a conference call on May 4, 2022, at 2 PM PT to discuss its Q1 2022 results. A press release will be issued before the call. Interested participants can join by dialing (888) 330-2446 or (240) 789-2732 for international calls, using conference code 4600919. Additionally, a live webcast will be available at this link and on the investor relations page of ARC's website. A replay will be accessible online afterward.
ARC Document Solutions reported its Q4 and full-year 2021 results, highlighting a 7.6% increase in quarterly net sales to $69.2 million despite a 6% decline for the full year with total sales of $272.2 million. Net income rose to $2.6 million in Q4 and $9.1 million for the year, yielding a diluted EPS of $0.06 in Q4 and $0.21 for 2021. Operating cash flow dropped by 50.8% year-over-year in Q4. Management expressed optimism for 2022, citing successful transformations and increased market opportunities despite pandemic-related challenges.
ARC Document Solutions (NYSE:ARC) has announced a quarterly cash dividend of $0.05 per share, payable on May 31, 2022, to shareholders of record as of April 29, 2022. The ex-dividend date is set for April 28, 2022. This marks the second dividend of 2022, following a prior increase of 150% from $0.02 to $0.05 announced on December 8, 2021. ARC specializes in digital printing and document imaging services across various industries, operating over 130 service centers in North America.
ARC Document Solutions (NYSE:ARC) will hold a conference call on February 23, 2022, at 2 P.M. PT to discuss its fourth quarter and 2021 fiscal year-end results. A related press release will be issued after market close on the same day. Participants can access the call by dialing (888) 330-2446 or +1 240 789 2732 for international calls, using conference code 4600919. A live webcast will also be available on the ARC investor relations page.
ARC Document Solutions (NYSE:ARC) announced that CFO Jorge Avalos will participate in Singular Research's 16th Annual webinar today, December 9, 2021, at 11:15 AM PT. The presentation will focus on ARC's business model and recent transformation, which is expected to enhance growth opportunities and present compelling investment potential for small-cap investors. Notably, ARC has increased its quarterly cash dividend by 150%. Interested attendees can register here.
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