Cenveo's Financials Mixed; Deals on Horizon?

Adjusted EBITDA for the three months ended June 29 was $42.0 million, compared to adjusted EBITDA of $52.6 million for the same period last year. Adjusted EBITDA for the six months ended June 29 was $78.3 million, compared to adjusted EBITDA of $99.4 million for the same period in 2012.

“Our second quarter performance was mixed," said Robert Burton, chairman and CEO of Cenveo. "Our labels and packaging operations had a solid quarter with positive revenue growth up 2.5 percent despite continued disruption from the press fire that occurred earlier this year. I am very proud of our team's performance during this difficult period of time and I remain optimistic about our future prospects in our packaging business as the replacement press became fully operational in late June.