ARC Document Solutions Reported Q4 2017 and Full-Year 2017 Results

Late Tuesday afternoon, Feb 27th, ARC released its results for Q4 2017 (and for the full year 2017.)

For Q4 2017, ARC reported:

Sales - $97.1 mil

Adjusted Net Income Attributable to ARC - $.9 mil

Adjusted EBITDA - $12.0 mil

ARC’s Gross Margin for Q4 2017 – 30.3%

For the same quarter last year (2016), ARC reported:

Sales - $98.6 mil

Adjusted Net Income Attributable to ARC - $2.6 mil

Adjusted EBITDA - $14.3 mil

ARC’s Gross Margin for Q4 2016 – 30.8%

Quick Snapshot of ARC’s Sales:

Annual Sales, year by year, most recent five years:

Calendar Year	Total Sales
2012	$406.12 million
2013	$407.19 million
2014	$423.76 million
2015	$428.67 million
2016	$406.36 million
2017	$394.6 million

Quarterly Sales, quarter by quarter, year 2016:

Calendar Year	Total Sales
1st quarter, 2016	$103.55 million
2nd quarter, 2016	$103.77 million
3rd quarter, 2016	$100.44 million
4th quarter, 2016	$ 98.6 million

Quarterly Sales, quarter by quarter, year 2017:

Calendar Year	Total Sales
1st quarter, 2017	$ 98.7 million
2nd quarter, 2017	$102.3 million
3rd quarter, 2017	$ 96.46 million
4th quarter, 2017	$ 97.1 million

At 11:30 am Pacific Time today (Thursday), ARC’s stock price was $2.12, yielding a Market Cap of $98.49 million.

Years ago, prior to going public, ARC purchased Ridgway’s for $100 million.

Xerox to Merge with Fuji Xerox - 10,000 jobs to be eliminated

I am a long-time fan of, and subscriber to, Larry Hunt’s Newsletters

(“Color Copy News”, “High Speed Copy News”, “Wide-Format News”)

In the intro section in one of the newsletters this month, this note was included:

“Editor’s note: This significant merger was announced as the newsletters went to press. There is a related story in this month’s High Speed News that details the efforts of two large Xerox investors to compel changes in Xerox management. It appears these efforts have had an effect.

I also noticed press reports stating that at least 10,000 jobs will be eliminated at the combined companies in the near future. It is not yet clear where these job losses are to occur, and whether they are the result of this merger or were already planned.

It will be interesting to see how this combination will develop.”

www.larryhunt.com

Blog-publisher’s comment:

Wow, 10,000 jobs being eliminated!  A sign of the times.

ARC Document Solutions - Share Price $2.15 and Market Cap just under $100 mil

Today at 3:50 pm Eastern Time, just before the markets closed, ARC shares were trading at $2.15 per share.

At $2.15 per share, ARC’s “market cap” was reported to be $99.88 million.

ARC paid $100 million for Ridgway’s.

So, if you buy ARC at $2.15 per share, you’re getting the core ARC company (prior to its many, many acquisition), Ridgway’s and all of the other companies ARC acquired during its roll-up of the reprographics industry.

Remarkable!

HP Introduces Faster PageWide XL Printers for Enhanced Technical Production

 Link to Press Release, which is published on Print-O-Stat’s web-site, about HP PageWide XL systems; this press release states the number of systems that have been sold since product launch.  This Press Release also talks about the new HP PageWide XL models that HP launched this past Fall.

Click here:

http://www.printostat.com/index.php/press-release-new-hp-pagewide-xl-printers-autodesk-university

About Print-O-Stat

Since 1954, Print-O-Stat has been the leading solution provider of products and services for a variety of businesses and industries including construction, architecture, engineering, manufacturing, design, as well as retail consumers. Print-O-Stat specializes in guiding information of all types through its lifecycle — whether in the acquisition, planning, creating, printing, distributing or management phases. Print-O-Stat's divisions which include Printing and Archiving Services, Wide Format Machine Sales and Service, Geospatial Products and Services, and Software Products and Services, ensure that you have a team of experts at your disposal to move your project from concept to completion. Headquartered in York, PA, Print-O-Stat has ten other locations throughout the Mid-Atlantic Region, serving the Allentown, Baltimore, D.C., Hanover, Harrisburg, Lancaster, Philadelphia, Pittsburgh, and Northern Virginia markets.