Courier Records Net Income Gain Compared to Net Loss in Q2 2011

The second quarter of Courier’s fiscal year has traditionally been its slowest, a phenomenon compounded by this year’s unusually early quarterly close on March 24, in advance of traditional spring publishing promotions and normal seasonal increases in activity in the education market.

In the company’s book manufacturing segment, second-quarter sales were up in both the specialty trade and education markets, but off in the religious market against an exceptionally strong second quarter last year. For the year to date, book manufacturing sales were up in all three markets, with the largest gains in specialty trade.