Courier Corp. Sales, Income Up in Third Quarter

For the first nine months of fiscal 2010, Courier sales were $186.9 million, up 4% from $180.4 million in 2009. Net income through nine months was $6.0 million or $.50 per diluted share, versus $3.6 million or $.31 per diluted share last year, excluding restructuring and impairment charges of $19.4 million incurred last year. Including those charges, Courier reported a net loss for the first nine months of fiscal 2009 of $8.9 million or $.75 per diluted share. Details of last year's restructuring and impairment charges can be found in the table at the end of this release.