Consolidated Graphics Reports Revenue Decline, Positive Income

Davis added, "While we continue to see evidence of improving economic conditions, it remains difficult to project our future revenues and earnings. Nevertheless, based on current market conditions, we expect the June quarter's revenue to be in the range of $226 - $236 million representing sales growth of up to 5%. This should allow us to achieve Adjusted Net Income improvement in the June 2010 quarter compared to the prior year."