Arc reports 2021 fourth quarter and full year with double-digit growth in eps
San ramon, ca / accesswire / february 23, 2022 / arc document solutions, inc. (nyse:arc), a leading provider of digital printing and document-related services, today reported its financial results for the fourth quarter and full year ended december 31, 2021. financial highlights: three months ended twelve months ended december 31, december 31, (all dollar amounts in millions, except eps) 2021 2020 2021 2020 net sales $ 69.2 $ 64.3 $ 272.2 $ 289.5 gross margin 32.2 % 32.1 % 32.2 % 32.1 % net income attributable to arc $ 2.6 $ 1.3 $ 9.1 $ 6.2 adjusted net income attributable to arc $ 2.7 $ 1.0 $ 9.5 $ 6.3 earnings per share - diluted $ 0.06 $ 0.03 $ 0.21 $ 0.14 adjusted earnings per share - diluted $ 0.06 $ 0.02 $ 0.22 $ 0.15 cash provided by operating activities $ 7.6 $ 15.5 $ 35.8 $ 54.5 ebitda $ 9.9 $ 9.9 $ 40.0 $ 43.2 adjusted ebitda $ 10.4 $ 10.2 $ 41.7 $ 44.8 capital expenditures $ 0.2 $ 1.4 $ 3.6 $ 6.4 debt & capital leases (including current) $ 78.2 $ 97.2 management commentary "we are very happy with our performance in 2021," said suri suriyakumar, chairman, president and ceo of arc document solutions.
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