Schawk Reports Losses for Q4, Full Year 2012
Net loss in 2012 was $23.4 million, or a loss of $0.90 per diluted share, compared to net income of $20.6 million, or $0.79 per diluted share, in 2011. Non-GAAP adjusted net income was $11.1 million, or $0.43 per diluted share, for 2012 compared to $20.6 million, or $0.79 per diluted share, on a comparable basis for the prior-year period.
Management Adjusted EBITDA Performance
Management adjusted EBITDA for full year 2012 was $46.6 million compared to $60.5 million for the prior-year period.
About Schawk Inc.
Schawk Inc. is a leading provider of brand development and deployment services, enabling companies of all sizes to connect their brands with consumers. With a global footprint of operations in 26 countries, Schawk helps companies create compelling and consistent brand experiences by providing integrated strategic, creative and executional services across brand touchpoints. Founded in 1953, Schawk is trusted by many of the world's leading organizations to help them achieve global brand consistency.