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Adjusted operating income increased 6.8 percent to $15.7 million, or 6.1 percent of sales
November 8, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Consolidated Graphics, Inc. announced financial results for its second quarter ended Sept. 30, 2013. Revenue for the September 2013 quarter was $256.1 million, compared to $263.6 million for the same quarter last year. The 2.9% decline in revenue was primarily caused by an expected decline in election related business. Adjusted operating income was $15.7 million or 6.1% of revenue for the quarter, compared to $14.7 million or 5.6% of revenue for the same period last year. Adjusted net income i...
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