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March 11, 2014
By: Bridget Klebaur
Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction
Transcontinental Inc.’s revenues decreased by 5.0% in the first quarter of 2014, from $525.6 to $499.3 million, primarily due to the soft advertising market, which affected both of its operating sectors. In the Printing Sector, the volume in marketing products and magazine operations decreased. In the Media Sector, the soft advertising market continued to impact local solutions, magazines and interactive marketing solutions. Adjusted operating earnings remained stable at $43.5 million. This per...
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