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WALNUT CREEK, CA -- (Marketwired) -- 02/24/15 -- ARC Document Solutions, Inc. (NYSE: ARC), the nation's leading document solutions provider for the architecture, engineering, and construction (AEC) industry, today reported its financial results for the fourth quarter and full year ended December 31, 2014.
2014 Annual Business Highlights:
- Revenue grew 4.1% year-over-year
- Adjusted diluted earnings per share were $0.25 vs. $0.09 in 2013
- Gross margin was 34.0% vs. 33.0% in 2013
- Adjusted EBITDA grew $4.0 million, or 5.9% year-over-year
- Adjusted cash flow from operations of $54.0 million vs. $47.3 million in 2013
- 2015 fully-diluted annual adjusted earnings per share projected to be in the range of $0.37 to $0.41; annual adjusted cash provided by operating activities projected to be in the range of $61 to $66 million; and annual adjusted EBITDA to be in the range of $75 million to $80 million
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