Joe R. Davis Archives - Printing Impressions

November 3, 2010Consolidated Graphics Posts Increases in Revenue, Income

Revenue grew 3.4% to $260.1 million and adjusted operating income improved to $17.0 million, a 59% increase vs. $10.6 million for the same quarter last year. Adjusted net income was $9.0 million, compared to $4.6 million for the prior year. Operating income was $15.4 million in the quarter, vs. operating income of $6.6 million in the prior year quarter, an improvement of 134%.

August 4, 2010Consolidated Graphics Sees Return to Sales Growth

Revenue for the quarter was $236.7 million, a 4.8% increase compared to the prior year quarter. Adjusted Net Income was $4.9 million, compared to $.6 million for the prior year.

June 1, 2010Consolidated Graphics Forms Subsidiary to Acquire Assets of Hickory Printing

George B. Glisan and Jeffrey A. Hale will reprise their roles as CEO and CFO, respectively, with the new Hickory Printing Solutions.

May 5, 2010Consolidated Graphics Reports Revenue Decline, Positive Income

Revenue for the March quarter was $237.0 million, a 4.1% decline compared to the prior year quarter. Operating income of $1.5 million in the March 2010 quarter compared to an operating loss of $16.2 million in the prior year quarter.

February 3, 2010Consolidated Graphics Reports Revenue Decline, Income Stability in Fourth Quarter

CGX's revenue for the quarter was $276.4 million, down 12.5%, and its operating income totaled $18.6 million vs. a net oeprating loss of $55.5 million in the December 2008 quarter.

February 1, 2010CGX's AGS Custom Graphics Acquires Assets of Modern International Graphics

Modern ranked #308 on the most recent Printing Impressions 400 listing with $15.87 million in sales. Owner David Margiotta and certain other employees have joined AGS Custom Graphics.

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