Arc reports financial results for third quarter 2024

San ramon, ca / accesswire / november 4, 2024 / arc document solutions, inc. (nyse:arc), a leading provider of digital printing and document-related services, today reported its financial results for the third quarter ended september 30, 2024. financial highlights: three months ended nine months ended september 30, september 30, (all dollar amounts in millions, except eps) 2024 2023 2024 2023 net sales $ 74.4 $ 71.1 $ 220.4 $ 212.3 gross margin 33.3 % 34.0 % 33.6 % 34.0 % net (loss) income attributable to arc $ (0.1 ) $ 3.2 $ 5.5 $ 9.1 adjusted net income attributable to arc $ - $ 3.2 $ 5.9 $ 9.4 earnings per share - diluted $ - $ 0.07 $ 0.13 $ 0.21 adjusted earnings per share - diluted $ - $ 0.07 $ 0.14 $ 0.22 cash provided by operating activities $ 9.1 $ 8.7 $ 19.2 $ 22.9 ebitda1 $ 5.6 $ 9.4 $ 22.5 $ 28.2 adjusted ebitda1 $ 6.2 $ 10.0 $ 24.5 $ 29.8 transaction costs $ 3.2 $ - $ 4.1 $ - capital expenditures $ 4.0 $ 3.2 $ 10.9 $ 7.7 debt & finance leases (including current) $ 59.1 $ 62.2 2024third quarter supplemental information: net sales were $74.4 million, a 4.8%increase compared to the third quarter of 2023.
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