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Second quarter net sales were $848 million, down 6.4% from 2Q 2016, with net income of $5 million.
August 4, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
LSC Communications, Inc. reported financial results for the second quarter of 2017. Second quarter net sales were $848 million, down $58 million, or 6.4%, from the second quarter of 2016. The decrease in organic net sales was due to lower volume and price declines in both the Print and Office Products segments. Second quarter 2017 net income was $5 million, or $0.12 per diluted share, compared to net income of $28 million, or $0.87 per diluted share, in the second quarter of 2016. Non-GA...
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