Courier Corp. Sales, Income Up in Third Quarter
"Factors not incorporated into our guidance include the potential impact of continued weakness in the credit markets on customers, competitors and vendors in both of our business segments, and the possibility of future impairment or restructuring charges.
"In addition to measuring our performance by generally accepted accounting principles, we also track several non-GAAP measures including EBITDA (earnings before interest, taxes, depreciation and amortization) as an additional indicator of the company's operating cash flow performance. This measure should be considered in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. In fiscal 2010, we expect EBITDA to be between $38 million and $41 million, compared to $37 million, excluding impairment and restructuring charges in fiscal 2009."
About Courier Corp.
Courier Corp. prints, publishes and sells books. Headquartered in North Chelmsford, MA, Courier has two business segments, full-service book manufacturing and specialty book publishing. For more information, visit www.courier.com.
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