Industry News, Printers News

Deluxe Reports 3Q 2014 Financial Results

Revenue increases 3.8 percent over last year, at high end of outlook

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Deluxe Corporation announced its financial results for the third quarter ended September 30, 2014. Key financial highlights included sales of $413.2 million, up 3.8% from 2013. Net income was down 5.3% to $44.4 million.   Revenue was at the high end of the range in the prior outlook, while adjusted diluted EPS of $1.03 exceeded the high end of the range in the prior outlook. The earnings results were driven by stronger operating results in each of the company’s segments and better than expecte...

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