Cenveo’s Net Sales Fall, but Income Figures Show Mixed Results
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Non-GAAP operating income was $67.9 million for the first six months of 2012, compared to $68.8 million for the first six months of 2011. Non-GAAP operating income excludes integration, acquisition and other charges, stock-based compensation provision, restructuring, impairment and other charges.
For the second quarter of 2012, Cenveo had income from continuing operations of less than $0.1 million, compared to a loss from continuing operations of $1.6 million. On a Non-GAAP basis, income from continuing operations was $8.4 million for the second quarter of 2012, as compared to $7.5 million for the second quarter of 2011.
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