U.S. Markets closed

ARC Document Solutions posts 4Q profit

WALNUT CREEK, Calif. (AP) _ ARC Document Solutions Inc. (ARC) on Tuesday reported fourth-quarter earnings of $2.6 million.

On a per-share basis, the Walnut Creek, California-based company said it had profit of 6 cents.

The provider of document services to businesses posted revenue of $85.9 million in the period.

For the year, the company reported a loss of $47.9 million, or $1.04 per share, swinging to a loss in the period. Revenue was reported as $406.3 million.

ARC Document Solutions expects full-year earnings in the range of 24 cents to 29 cents per share.

In the final minutes of trading on Tuesday, the company's shares hit $4.67. A year ago, they were trading at $3.65.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARC at https://www.zacks.com/ap/ARC


Keywords: ARC Document Solutions, Earnings Report