Standard Register Announces Strategic Restructuring, Workforce Reduction
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On a preliminary basis, the company expects its fourth quarter 2011 revenue to be $160-$162 million and to post a pretax loss o -$9.6 million to -$10.1 million. On a non-GAAP basis, pretax income (excluding the impact of pension amortization and settlement and restructuring costs) is expected to be $1.3-$1.8 million representing growth as compared to the third quarter 2011 (which also excludes the impact of the postretirement plan amendment).
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