WALNUT CREEK, CA, Feb 24, 2015 (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 fourth quarter and full year ended
December 31, 2014.
2014
Annual Business Highlights:
-Revenue grew 4.1% year-over-year
-Adjusted diluted earnings per share were $0.25 vs. $0.09
in 2013
-Gross margin was 34.0% vs. 33.0% in 2013
-Adjusted EBITDA grew $4.0 million, or 5.9%
year-over-year
-Adjusted cash flow from operations of $54.0 million vs.
$47.3 million
in 2013
Forward
projections:
2015 fully-diluted annual adjusted earnings per share
projected to be in the range of $0.37 to $0.41; annual adjusted cash provided
by operating activities projected to be in the range of $61 to $66 million; and
annual adjusted EBITDA to be in the range of $75 million to $80 million
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