Courier Reports Year-End Financial Results: Revenue Up 5 Percent; EBITDA Comparable to Previous Year
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NORTH CHELMSFORD, MA—November 20, 2014—Courier Corp., one of America’s leading innovators in book manufacturing, publishing and content management, today announced fourth-quarter and full-year results for its fiscal year ended Sept. 27, 2014.
Fourth-quarter revenues in fiscal 2014 were $84 million, up marginally from $83 million in last year’s fourth quarter. Income from continuing operations was $7.2 million or $.63 per diluted share, compared to $6.8 million or $.60 per diluted share in last year’s fourth quarter. During the quarter, Courier sold its Creative Homeowner publishing business; as a result, Creative Homeowner is accounted for in both periods as a discontinued operation.
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