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ARC - ARC Document Solutions Inc News Story

$2.2 0.0  0.5%

Last Trade - 20/04/21

Sector
Industrials
Size
Small Cap
Market Cap £67.0m
Enterprise Value £102.0m
Revenue £207.0m
Position in Universe 5189th / 6849

BUZZ-ARC Document Solutions: Up on stronger Q3 result expectations

Mon 19th October, 2020 1:36pm
** Document solutions provider's shares  ARC.N  up 15.53% at
$1.19 premarket
    ** Co says it expects a significant rise in its Q3 sales and
earnings with continuing strength in cash flow from operations  urn:newsml:reuters.com:*:nACS96tBfa
    ** ARC expects to report Q3 revenue in excess of $70 mln and
adjusted EBITDA to be more than $12 mln, beating its
year-over-year performance and exceeding its second-quarter
performance by more than a million dollars
    ** Co's management also plans to reinstate dividends and
share repurchases 
    ** Stock down 25.90% YTD

 (Reporting by Madhvi Pokhriyal in Bengaluru)
 ((Madhvi.pokhriyal@thomsonreuters.com))
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