Courier's Revenues, Net Income Rebound in First Quarter
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NORTH CHELMSFORD, MA—January 20, 2010—Courier Corp. (Nasdaq: CRRC), one of America’s leading book manufacturers and specialty publishers, today announced improved sales and earnings for the quarter ended December 26, 2009, the first quarter of its 2010 fiscal year, reflecting improvements in both of the company’s business segments. Revenues for the quarter were $63.1 million, up 6% from last year’s first-quarter sales of $59.6 million. Net income for the quarter was $2.8 million, compared to $0.7 million in the first quarter of fiscal 2009. Net income per diluted share for the quarter was $.23, versus $.06 in the first quarter of fiscal 2009.
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