3/23/2023 0 Comments Qarc printingWords and phrases such as "we expect," "create opportunities for ARC to The Company, including forward-looking statements related to the impact of the COVID-19 pandemic on the Company's operations. This press release contains forward-looking statements that are based on current opinions, estimates and assumptions of management regarding future events and the future financial performance of Related fields.Follow ARC at Forward-Looking Statements A replay of the webcast will be available on the website following the call's conclusion.ĪRC provides a wide variety of document distribution and graphic production services to facilitate communication for professionals in the design, marketing, commercial real estate, construction and A live webcast will also be made available from the "Overview" and "Events & Presentation" pages of ARC Document Solution's investor relations website at The conference code is 6872020 and will be International callers may join the conference by dialing (240) 789-2732. To access the live conference call, dial (888) 330-2446. Eastern Time) to discuss results of the Company's third The decrease was a result of reduced sales from our Chinese joint venture as the Chinese economy continuesĪRC Document Solutions will hold a conference call with investors and analysts on Wednesday, November 2, 2022, at 2 P.M. The increase in sales was primarily attributable to growing demand for paper-to-digital documentĬonversions used in day-to-day business operations, and the creation of digital archives to replace long-term warehoused paper document storage.įor the third quarter 2022, Equipment and Supplies sales decreased 13.8% year-over-year. Growth in MPS sales reflects an increase of on-site printing volume as moderation of work-from-home directives encouraged moreĮmployees to return to offices during the period, as activity on construction job sites continued, and as we implemented price increases to offset the effects of inflation in our supply chain.įor the third quarter 2022, Scanning and Digital Imaging sales increased 17.3% year-over-year. This was partially offset by an increase in digital color graphic printing from new and existing customers, as well as an increase in sales in digital plan printing from ourįor the third quarter 2022, MPS sales increased 5.0% year-over-year. The slight decrease in sales is due to comparatively outsized sales related to COVID-19 signage for the
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