- ARC Document Services (NYSE:ARC) is down 22.5% as Q3 results throw a scare into investors.
- Management noted some pressure from implentation delays in key managed print services contracts and lower demand for large-format printing.
- The company reset 2015 EPS guidance based on those trends to $0.33 to $0.36 vs. $0.39 consensus.
- Shares of ARC set a 52-week low of $4.75 before tracking back just a bit.
- Previously: ARC Document Solutions misses by $0.01, misses on revenue (Nov. 04 2015)
ARC Document Services craters after management resets expectations
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Symbol | Last Price | % Chg |
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ARC | - | - |
ARC Document Solutions, Inc. |