ARC Document Solutions Reports Results for Third Quarter 2017

(PRNewswire) — ARC Document Solutions, Inc. (NYSE: ARC), a leading document solutions provider to design, engineering, construction, and facilities management professionals, today reported its financial results for the third quarter ended September 30, 2017.

Financial Highlights:

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

(All dollar amounts in millions, except EPS)

2017

2016

 

2017

2016

Net Sales

$

96.5

 

$

100.4

   

$

297.5

 

$

307.8

 

Gross Margin

30.3

%

32.6

%

 

31.8

%

33.4

%

Goodwill impairment

$

17.6

 

$

   

$

17.6

 

$

73.9

 

Net (loss) income attributable to ARC

$

(14.8)

 

$

2.8

   

$

(9.4)

 

$

(50.5)

 

Adjusted net income attributable to ARC

$

0.4

 

$

3.0

   

$

5.9

 

$

10.5

 

Earnings per share - Diluted

$

(0.32)

 

$

0.06

   

$

(0.20)

 

$

(1.10)

 

Adjusted earnings per share - Diluted

$

0.01

 

$

0.07

   

$

0.13

 

$

0.23

 

Cash provided by operating activities

$

11.3

 

$

12.2

   

$

36.8

 

$

34.0

 

EBITDA

$

(7.0)

 

$

14.4

   

$

21.9

 

$

(28.1)

 

Adjusted EBITDA

$

11.5

 

$

15.1

   

$

42.1

 

$

48.1

 

Capital Expenditures

$

2.3

 

$

2.4

   

$

7.2

 

$

7.6

 

Debt & Capital Leases (including current), net of unamortized deferred financing fees

     

$

149.2

 

$

158.9

 

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »



Review Article Be the first to review this article

SolidCAM - See For Yourself

Featured Video
Editorial
Latest Blog Posts
Sanjay GangalMCADCafe Lens
by Sanjay Gangal
NVIDIA GTC October 2020 Keynote
Jobs
3D Designer and Developer for Los Alamos National Laboratory at Los Alamos,, New Mexico
Mechanical Engineer for Flextronics at Milpitas, California
Architect for Hutton at Wichita, Afghanistan
Design Engineer (Engineer 1/2) for Los Alamos National Laboratory at Los Alamos,, New Mexico
Structural Engineer for Kiewit at Lenexa, Kansas
GIS ANALYST I.8030200 for Dallas County at DALLAS, Texas
Upcoming Events
DEVELOP 3D Live 2020 New Date November 3rd at Sheffield University ctagon and INOX Building, Durham Road Sheffield United Kingdom - Nov 3, 2020
Digital Twin 2020 - Now in November 2020 at Melbourne FL - Nov 4 - 5, 2020
Sensors Expo & Conference at McEnery Convention Center SAN JOSE CA - Nov 16 - 18, 2020
Spatial 3D Insider Summit - Free VR Event! at United States - Nov 16 - 17, 2020
Kenesto: 30 day trial



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise