ARC Document Solutions (NYSE:ARC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:07 PM.
Here’s what investors need to know about the announcement.
Earnings
ARC Document Solutions reported in-line EPS of $0.05 versus an estimate of $0.05.
Revenue was down $570 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 1.17% increase in the share price the next day.
Here’s a look at ARC Document Solutions’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.07 | 0.07 | 0.06 |
| EPS Actual | 0.06 | 0.09 | 0.08 | 0.05 |
| Revenue Estimate | 70.42M | 71.00M | 71.55M | 69.14M |
| Revenue Actual | 68.82M | 73.14M | 74.56M | 69.49M |
To track all earnings releases for ARC Document Solutions visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.