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

“Under our previously announced stock repurchase program, we purchased approximately 445,000 shares in the third quarter, for a total of $4.8 million. Since the start of the fiscal year, our strong cash flow has also enabled us to bring our debt down by $2.5 million. Given this performance and our solid financial condition, our Board of Directors has once again approved a regular quarterly dividend of $.21 per share. We head into our fourth quarter with every expectation of a strong close to the fiscal year in keeping with seasonal trends.”