SAN RAMON, Calif. (AP) — ARC Document Solutions Inc. (ARC) on Wednesday reported third-quarter profit of $1.1 million.
On a per-share basis, the San Ramon, California-based company said it had profit of 2 cents. Earnings, adjusted for restructuring costs and pretax expenses, were 4 cents per share.
The provider of document services to businesses posted revenue of $94.1 million in the period.
ARC Document Solutions expects full-year earnings in the range of 14 cents to 18 cents per share.
The company's shares closed at $1.37. A year ago, they were trading at $2.28.