Courier Swings from Loss to Net Income of $1.6 Million on Sales of $59 Million

Third-quarter revenues for the segment were $9.1 million, down 8 percent from $9.9 million in last year’s third quarter. The segment’s operating loss for the quarter was $975,000, compared to a loss of $1.2 million last year. For fiscal 2012 to date, segment sales were $28.2 million, versus $30.8 million for the first nine months of last year. The segment’s operating loss through nine months was $3.9 million, unchanged from last year.