Financial Performance - Net sales for Q1 2024 were $70.8 million, a 2.7% increase compared to $68.9 million in Q1 2023[4] - Net sales for Q1 2024 reached $70,792, an increase of 2.5% compared to $68,918 in Q1 2023[21] - Net income attributable to ARC increased to $2.5 million in Q1 2024, up from $1.9 million in Q1 2023, resulting in diluted earnings per share of $0.06[11] - Net income attributable to ARC Document Solutions, Inc. stockholders for Q1 2024 was $2,453, up 26.4% from $1,940 in Q1 2023[25] - Earnings per share attributable to ARC Document Solutions, Inc. stockholders were $0.06 for both basic and diluted shares in Q1 2024, compared to $0.05 and $0.04 respectively in Q1 2023[27] Sales Performance - Digital Printing sales rose by 3.3% year-over-year, driven by growth in digital color graphic printing, while MPS sales decreased by 2.3%[6][7] - Scanning and Digital Imaging sales surged by 23.4% year-over-year, reflecting increased demand for paper-to-digital conversions[7] Margins and Profitability - Gross margin decreased to 32.2% in Q1 2024 from 33.3% in Q1 2023, primarily due to inflationary pressures on labor and material costs[9] - Gross profit for Q1 2024 was $22,807, slightly down from $22,925 in Q1 2023, resulting in a gross margin of 32.2%[21] - Adjusted EBITDA for Q1 2024 was $8,552, a decrease of 1.8% compared to $8,713 in Q1 2023[24] Cash Flow and Capital Expenditures - Cash provided by operating activities was $3.7 million in Q1 2024, slightly down from $3.8 million in Q1 2023[12] - Cash and cash equivalents at the end of Q1 2024 were $52,029, down from $56,093 at the end of Q1 2023[22] - Capital expenditures increased to $3.1 million in Q1 2024, compared to $2.3 million in Q1 2023[2] - The company incurred capital expenditures of $3,075 in Q1 2024, up from $2,255 in Q1 2023, indicating increased investment in growth[22] Assets and Liabilities - Total current assets decreased to $107,271 in 2024 from $108,652 in 2023, primarily due to changes in accounts receivable and inventory[20] - Total liabilities decreased to $152,828 in 2024 from $154,399 in 2023, reflecting a reduction in current liabilities[20] Stock and Dividends - The company plans to continue purchasing its own stock in 2024, supported by cash flows in line with the prior year[3] - The next quarterly cash dividend of $0.05 will be paid on May 31, 2024[4] EBITDA and Adjusted Metrics - EBITDA is used to measure and compare the performance of operating divisions, calculated by dividing EBITDA by net sales[29] - Adjusted net income and adjusted EBITDA are presented to facilitate meaningful comparisons to historical performance, reflecting unique measures taken due to unprecedented market changes[31] - Adjusted EBITDA for the three months ended March 31, 2024, excludes stock-based compensation expense, calculated by dividing Adjusted EBITDA by net sales[33] - Limitations of EBITDA include not reflecting cash expenditures, working capital needs, and significant interest expenses[30] - The company believes that adjusted earnings per share for the three months ended March 31, 2024, helps investors understand operational results compared to the same period in 2023[32] - EBITDA and related ratios should not be considered as measures of discretionary cash available for business growth or debt reduction[31] - The adjustments made in the financial presentations are aimed at providing clarity on actual operating performance[32] - The company emphasizes that other companies may calculate EBITDA differently, which limits comparability[30] - The presentation of adjusted metrics is intended to assist investors in assessing financial performance and credit facility access[33] - The company relies primarily on GAAP results while using EBITDA and EBITDA margin as supplementary measures[31]

ARC Document Solutions, Inc. (NYSE:ARC) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants David Stickney - VP, IR Kumarakulasingam Suriyakumar - Chairman & CEO Dilantha Wijesuriya - President & COO Jorge Avalos - CFO Conference Call Participants Gregory Burns - Sidoti & Company David Marsh - Singular Research Operator Good afternoon, everyone. Welcome to the ARC Document Solutions to report 2023 Fourth Quarter and Year End Results Conference Call. At this time, I would like ...

ARC Document Solutions (ARC) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this provider of document services to businesses would post earnings of $0.08 per share when it actually produced earnings of $0.07, delivering a surprise of -12.5 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Form 10-K _______________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |----------------------------------------------------------------- ...

ARC Document Solutions' (NYSE:ARC) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants David Stickney - Vice President of Investor Relations Kumarakulasingam Suriyakumar - Chairman and CEO Dilantha Wijesuriya - President and COO Jorge Avalos - CFO Conference Call Participants Gregory Burns - Sidoti & Company David Marsh - Singular Research Operator Good day. My name is Jordan, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the ARC Docu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Emerging growth company ☐ Form 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32407 ___________ ...

ARC Document Solutions, Inc. (NYSE:ARC) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants David Stickney - VP, Corporate Communications & IR Suri Suriyakumar - Chairman & CEO Dilantha Wijesuriya - President & COO Jorge Avalos - CFO Conference Call Participants Gregory Burns - Sidoti & Company David Marsh - Singular Research Glenn Primack - Lisa Investment Group Operator Good afternoon. My name is Abby, and I will be your conference operator today. At this time, I would like to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Emerging growth company ☐ Form 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32407 ________________ ...

ARC Document Solutions, Inc. (ARC) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Corporate Participants David Stickney - Vice President, Investor Relations Suri Suriyakumar - Chairman and Chief Executive Officer Dilo Wijesuriya - Chief Operating Officer Jorge Avalos - Chief Financial Officer Conference Call Participants Greg Burns - Sidoti & Company David Marsh - Singular Research Operator Ladies and gentlemen, thank you for standing by, and welcome to the ARC Q1 2023 Earnings Report Call. I would ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Emerging growth company ☐ Form 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32407 _______________ ...