Cenveo Posts Gains Primarily Due to Acquisition

On a non-GAAP basis, income from continuing operations increased 97.2 percent to $16.3 million, or $0.26 per share, for the three months ended Oct. 1, 2011, compared to $8.3 million, or $0.13 per share, for the three months ended Oct. 2, 2010.

For the nine months ended Oct. 1, 2011, non-GAAP income from continuing operations increased 129.1 percent to $31.0 million, or $0.49 per share, compared to $13.5 million, or $0.21 per share, for the nine months ended Oct. 2, 2010. Non-GAAP income from continuing operations excludes integration, acquisition and other charges, stock-based compensation provision, restructuring and impairment charges and divested operations or assets held for sale, loss on early extinguishment of debt and adjusts income taxes to reflect an estimated cash tax rate. A reconciliation of income (loss) from continuing operations to non-GAAP income from continuing operations is presented in the attached tables.