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Net sales of $935 million compared to $949 million in the third quarter of 2016, with GAAP net loss of $3 million.
November 3, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
LSC Communications, Inc. reported financial results for the third quarter of 2017. Third quarter net sales were $935 million, down $14 million, or 1.5%, from the third quarter of 2016. Pro forma for acquisitions completed in the last four quarters, changes in foreign exchange rates, and pass-through paper sales, organic net sales decreased 6.6% from the third quarter of 2016. The decrease in organic net sales was due to lower volume and price declines in both the Print and Office Products se...
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