Tuesday, February 24, 2015

ARC Document Solutions Reports Results for Fourth Quarter and Full Year 2014

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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