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Stock impact report

ARC Reports Continuing Expansion of Strategic Services in Fourth Quarter and Full Year 2023 [Yahoo! Finance]

ARC Document Solutions, Inc. (ARC) 
Last arc document solutions, inc. earnings: 11/7 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
services, today reported its financial results for the fourth quarter and full year ended December 31, 2023. Financial Highlights: Three Months Ended Twelve Months Ended December 31, December 31, (All dollar amounts in millions, except EPS) Net sales Gross margin Net (loss) income attributable to ARC Adjusted net income attributable to ARC (Loss) Earnings per share - Diluted Adjusted earnings per share - Diluted Cash provided by operating activities EBITDA Adjusted EBITDA Capital expenditures Debt & finance leases (including current) Management Commentary "In a year where interest rates constrained capital spending and sentiment was mixed on the health of the economy, our ability to adapt and manage costs drove an increase in fourth quarter revenue, limited declines in annual revenue to less than two percent, and held gross margins steady for the year," said Suri Suriyakumar, CEO of ARC Document Solutions. "Importantly, the changes we've made over Show less Read more
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