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Courier reported higher revenues in education, its largest principal market
February 6, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Courier Corp. announced financial results for the quarter ended Dec. 27, 2014, the first quarter of its 2015 fiscal year. Revenues in the quarter were $66 million, down 8% from $72 million in last year’s first quarter. Net income was $1.8 million or $.16 per diluted share, which includes approximately $800,000, or $.07 per diluted share, of transaction costs associated with the pending acquisition of Courier by R.R. Donnelley & Sons, as separately announced, and the terminated agreement ...
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