Courier’s Strong Quarter for Book Manufacturing Boosts Its Results
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NORTH CHELMSFORD, MA—Nov. 15, 2011—Courier Corp., one of America’s leading book manufacturers and specialty publishers, announced fourth-quarter and full-year results for its fiscal year ended Sept. 24, 2011.
Courier’s fourth-quarter 2011 revenues were $73.7 million, up 5 percent from $70.2 million in last year’s fourth quarter. Net income for the quarter was up sharply to $6.4 million. In fiscal 2010, fourth-quarter net income was $1.1 million, including a $4.7 million pretax impairment charge, or $4.2 million, excluding that impairment charge.
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