Cenveo Posts Net Loss on Net Sales Decline
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STAMFORD, CT—May 9, 2012—Cenveo Inc. announced its results for the three months ended March 31, 2012.
Highlights:
- Sales of $455.6 million
- Operating income of $14.2 million
- Non-Gaap operating income of $31.6 million
- Adjusted EBITDA of $47.0 million
The company generated net sales of $455.6 million for the first quarter of 2012, compared to $477.0 million in the first quarter of 2011. The decrease in net sales was primarily due to lower sales in our print and envelope product lines as a result of customer product launches in the first quarter of 2011 that did not repeat in the first
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