WALNUT CREEK, CA, Nov 06, 2013 (Marketwired via COMTEX) --
ARC Document Solutions, Inc., the nation's leading document solutions provider for the architecture,
engineering, and construction (AEC) industry, today reported its financial
results for the third quarter ended September 30, 2013.
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Quarterly revenue grew year-over-year for first time in five years
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Q3 adjusted earnings per share of $0.02 vs. $(0.04) in Q3 2012
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Gross margin in Q3 of 32.5%; year-over-year increase of 310 basis
points
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Q3 Adjusted EBITDA margin of 16.3%; year-over-year increase of 320
basis points
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YTD cash flow from operations of $40.0 million vs. $30.9 million for
the same period last year
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Maintains 2013 fully-diluted annual adjusted earnings per share
forecast to be in the range $0.06
to $0.09 and maintains projected
2013 annual cash provided by
operating activities to be in the range
of $38-$45 million
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