Courier Reports Year-End Financial Results: Revenue Up 5 Percent; EBITDA Comparable to Previous Year
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“After several difficult years, our publishing segment continues to improve,” said Mr. Conway. “Our investment in ebooks is starting to generate a larger audience as well as improved profitability, and we continue to demonstrate an ability to introduce new products combining excellent editorial quality with strong consumer appeal. By managing costs attentively and leveraging digital print to minimize obsolescence, the segment was profitable in the quarter and close to breakeven for the year.”
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