Industry News

Multi-Color Announces First Quarter Results

Net revenues increased 1% to $166.8 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Multi-Color Corporation announced net revenues increased 1% to $166.8 million from $165.0 million in the prior year. First quarter core earnings per share decreased 13% to $0.48 per diluted share from $0.55 in the prior year quarter. Diluted net earnings per share decreased to $0.40 from $0.49 in the prior year. Non-core items (consisting of integration expenses, acquisition expenses, plant consolidation expenses, purchase accounting charges, and currency losses related to repatriation of foreig...

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