Cenveo Reports Sales, Income Up Primarily Due to Nashua Acquisition
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For the three months ended July 3, 2010, non-GAAP operating income increased 10.1% to $37.8 million compared to $34.3 million in the same prior year period. For the six months ended July 3, 2010, non-GAAP operating income increased 39.6% to $67.6 million compared to $48.4 million in the same prior year period. These increases were primarily due to our cost savings initiatives in 2009 and early 2010 and the acquisition of Nashua. Non-GAAP operating income excludes integration, acquisition and other charges, stock-based compensation provision, restructuring and impairment charges and divested operations or assets held for sale.
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