Courier Q2 Revenues Flat Due to Failure of Book Distribution Customer, Slow FastPencil Sales

“Coming out of the seasonally slower second quarter in book manufacturing, we expect stronger demand for the remainder of the year,” noted Conway. “As it happened, some of the burden of preparing for the future fell on the second quarter, with two new digital presses ready and waiting for the coming season. As the year progresses, we expect to be at or near capacity due to the combination of continued growth in custom college textbooks, the gradual ongoing revival of the elementary and high school textbook market, and helpful vendor consolidation trends on the part of several publishers.”