ARC Document Solutions(ARC)

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ONWARD® Medical Announces Publication Highlighting Evidence-based Programming for ARC-EX® Therapy
GlobeNewswire News Room· 2024-07-09 17:18
Framework to determine stimulation parameters for ONWARD ARC-EX Therapy are published in the journal Neuromodulation: Technology at the Neural Interface Peer-reviewed publication is based on results from the Up-LIFT and LIFT Home studies EINDHOVEN, the Netherlands, July 09, 2024 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), ...
ARC Resources - The Best Energy Stock You've Probably Never Heard Of
Seeking Alpha· 2024-06-26 20:27
veeranggull orachon/iStock via Getty ImagesAll financial numbers in this article are in Canadian dollars unless noted otherwise. Introduction Over the past few months, I have written a lot of articles on energy companies. That's mainly based on my bullish view on oil and gas and the fact that energy companies have become highly attractive in a market with an overall lofty valuation. For example, on May 28, I wrote an article titled "My Favorites! 3 Highly Attractive Stocks For The Natural Gas-Fueled AI ...
ARC Document Solutions(ARC) - 2024 Q1 - Quarterly Report
2024-05-08 19:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐ Form 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHAN ...
ARC Document Solutions(ARC) - 2024 Q1 - Earnings Call Transcript
2024-05-08 02:14
ARC Document Solutions, Inc. (NYSE:ARC) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants David Stickney - VP, IR Kumarakulasingam Suriyakumar - Chairman and CEO Dilantha Wijesuriya - President and COO Jorge Avalos - CFO Conference Call Participants Gregory Burns - Sidoti Company Glenn Primack - Lisa Investment Group Robert Maltbie - Singular Research Operator Thank you for standing by. My name is Pam, and I'll be your conference operator today. At this time, I'd like to welcome e ...
ARC Document Solutions (ARC) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-07 22:20
ARC Document Solutions (ARC) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this provider of document services to businesses would post earnings of $0.07 per share when it actually produced earnings of $0.05, delivering a surprise of -28.57%.O ...
ARC Document Solutions(ARC) - 2024 Q1 - Quarterly Results
2024-05-07 20:06
Financial Performance - Net sales for Q1 2024 were $70.8 million, a 2.7% increase compared to $68.9 million in Q1 2023[4] - Net sales for Q1 2024 reached $70,792, an increase of 2.5% compared to $68,918 in Q1 2023[21] - Net income attributable to ARC increased to $2.5 million in Q1 2024, up from $1.9 million in Q1 2023, resulting in diluted earnings per share of $0.06[11] - Net income attributable to ARC Document Solutions, Inc. stockholders for Q1 2024 was $2,453, up 26.4% from $1,940 in Q1 2023[25] - Earnings per share attributable to ARC Document Solutions, Inc. stockholders were $0.06 for both basic and diluted shares in Q1 2024, compared to $0.05 and $0.04 respectively in Q1 2023[27] Sales Performance - Digital Printing sales rose by 3.3% year-over-year, driven by growth in digital color graphic printing, while MPS sales decreased by 2.3%[6][7] - Scanning and Digital Imaging sales surged by 23.4% year-over-year, reflecting increased demand for paper-to-digital conversions[7] Margins and Profitability - Gross margin decreased to 32.2% in Q1 2024 from 33.3% in Q1 2023, primarily due to inflationary pressures on labor and material costs[9] - Gross profit for Q1 2024 was $22,807, slightly down from $22,925 in Q1 2023, resulting in a gross margin of 32.2%[21] - Adjusted EBITDA for Q1 2024 was $8,552, a decrease of 1.8% compared to $8,713 in Q1 2023[24] Cash Flow and Capital Expenditures - Cash provided by operating activities was $3.7 million in Q1 2024, slightly down from $3.8 million in Q1 2023[12] - Cash and cash equivalents at the end of Q1 2024 were $52,029, down from $56,093 at the end of Q1 2023[22] - Capital expenditures increased to $3.1 million in Q1 2024, compared to $2.3 million in Q1 2023[2] - The company incurred capital expenditures of $3,075 in Q1 2024, up from $2,255 in Q1 2023, indicating increased investment in growth[22] Assets and Liabilities - Total current assets decreased to $107,271 in 2024 from $108,652 in 2023, primarily due to changes in accounts receivable and inventory[20] - Total liabilities decreased to $152,828 in 2024 from $154,399 in 2023, reflecting a reduction in current liabilities[20] Stock and Dividends - The company plans to continue purchasing its own stock in 2024, supported by cash flows in line with the prior year[3] - The next quarterly cash dividend of $0.05 will be paid on May 31, 2024[4] EBITDA and Adjusted Metrics - EBITDA is used to measure and compare the performance of operating divisions, calculated by dividing EBITDA by net sales[29] - Adjusted net income and adjusted EBITDA are presented to facilitate meaningful comparisons to historical performance, reflecting unique measures taken due to unprecedented market changes[31] - Adjusted EBITDA for the three months ended March 31, 2024, excludes stock-based compensation expense, calculated by dividing Adjusted EBITDA by net sales[33] - Limitations of EBITDA include not reflecting cash expenditures, working capital needs, and significant interest expenses[30] - The company believes that adjusted earnings per share for the three months ended March 31, 2024, helps investors understand operational results compared to the same period in 2023[32] - EBITDA and related ratios should not be considered as measures of discretionary cash available for business growth or debt reduction[31] - The adjustments made in the financial presentations are aimed at providing clarity on actual operating performance[32] - The company emphasizes that other companies may calculate EBITDA differently, which limits comparability[30] - The presentation of adjusted metrics is intended to assist investors in assessing financial performance and credit facility access[33] - The company relies primarily on GAAP results while using EBITDA and EBITDA margin as supplementary measures[31]
ARC Document Solutions(ARC) - 2023 Q4 - Earnings Call Transcript
2024-03-03 00:08
ARC Document Solutions, Inc. (NYSE:ARC) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants David Stickney - VP, IR Kumarakulasingam Suriyakumar - Chairman & CEO Dilantha Wijesuriya - President & COO Jorge Avalos - CFO Conference Call Participants Gregory Burns - Sidoti & Company David Marsh - Singular Research Operator Good afternoon, everyone. Welcome to the ARC Document Solutions to report 2023 Fourth Quarter and Year End Results Conference Call. At this time, I would like ...
ARC Document Solutions (ARC) Q4 Earnings Miss Estimates
Zacks Investment Research· 2024-02-28 23:31
ARC Document Solutions (ARC) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this provider of document services to businesses would post earnings of $0.08 per share when it actually produced earnings of $0.07, delivering a surprise of -12.5 ...
ARC Document Solutions(ARC) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Form 10-K _______________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |----------------------------------------------------------------- ...
ARC Document Solutions(ARC) - 2023 Q3 - Earnings Call Transcript
2023-11-04 15:19
ARC Document Solutions' (NYSE:ARC) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants David Stickney - Vice President of Investor Relations Kumarakulasingam Suriyakumar - Chairman and CEO Dilantha Wijesuriya - President and COO Jorge Avalos - CFO Conference Call Participants Gregory Burns - Sidoti & Company David Marsh - Singular Research Operator Good day. My name is Jordan, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the ARC Docu ...