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

“We expect full-year capital expenditures to be between $8 million and $10 million, vs. $16 million in fiscal 2011. We also continue to benefit from the consolidation of one-color printing capacity and other cost-reduction measures taken over the last year in both of our business segments. And we look forward to a productive summer focused on meeting textbook publishers’ needs for standard and customized versions in a shortened timeframe.