Arc reports continuing strength in third quarter sales, eps and ebitda

San ramon, ca / accesswire / november 4, 2021 / arc document solutions, inc. (nyse:arc), a leading document solutions provider to professionals in the design, marketing, commercial real estate, construction and related fields, today reported its financial results for the third quarter ended september 30, 2021. financial highlights: three months ended nine months ended september 30, september 30, (all dollar amounts in millions, except eps) 2021 2020 2021 2020 net sales $ 72.4 $ 72.4 $ 203.0 $ 225.1 gross margin 32.8 % 33.4 % 32.2 % 32.1 % net income attributable to arc $ 3.2 $ 2.8 $ 6.5 $ 4.9 adjusted net income attributable to arc $ 3.2 $ 2.9 $ 6.8 $ 5.3 earnings per share - diluted $ 0.07 $ 0.07 $ 0.15 $ 0.11 adjusted earnings per share - diluted $ 0.08 $ 0.07 $ 0.16 $ 0.12 cash provided by operating activities $ 11.3 $ 12.8 $ 28.2 $ 39.0 ebitda $ 11.0 $ 12.1 $ 30.1 $ 33.3 adjusted ebitda $ 11.5 $ 12.5 $ 31.3 $ 34.6 capital expenditures $ 1.8 $ 2.5 $ 3.4 $ 5.1 debt & finance leases (including current) $ 80.5 $ 106.1 management commentary: "sales growth in the third quarter is a clear testament to our success in transforming the company.
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