ARC Document Solutions (ARC) Reports In-Line Q1 EPS
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ARC Document Solutions Reports Results for First Quarter 2015
May 5, 2015 4:07 PM EDTWALNUT CREEK, CA -- (Marketwired) -- 05/05/15 -- 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 first quarter ended March 31, 2015.
2015 First Quarter Business Highlights:
Revenue grew 3.9% year-over-year Adjusted earnings per share were $0.07 vs. $0.04 in Q1 2014 Gross margin was 34.5%, a year-over-year increase of 70 basis points Adjusted cash flow from operations was $6.4 million vs. $8.1 million in Q1 2014; decrease largely due to timing of accounts receivable collections Adjusted EBITDA... More