CGX Reaps Record Quarterly Revenue

HOUSTON—Buoyed by investments in new technologies and continued activity on the M&A front, Consolidated Graphics (CGX) posted record earnings for the quarter ending June 30.

CGX chalked up revenue of $238 million for the quarter, eclipsing the $210 million performance from the previous year, a 14 percent increase. Record diluted earnings per share reached $0.97, up from $0.61 the previous year.

In late June, the company announced it had signed a letter of intent to acquire Global Group of Ft. Worth.