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November 20, 2014By Michael Cader

FastPencil Weighs on Courier’s Results

November 20, 2014By Michael Cader

Courier Corporation reported fiscal fourth quarter sales of $84 million, just above flat, with income from continuing operations of $7.2 million (up $400,000). Publishing sales were $9 million for the period, down 4 percent, with operating income of $391,000. For the full year, those publishing segment sales were $33.4 million, down $300,000, with a smaller operating loss of $187,000. CEO James Conway III says in the announcement, “After several difficult years, our publishing segment continues to improve. Our investment in ebooks is starting to generate a larger audience as well as improved profitability, and we continue to demonstrate an ability […]

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Filed Under: Earnings Reports, Publishers

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