Digital Sales Growth Drives Courier’s Positive Revenue Results

For the year as a whole, publishing sales were $38.4 million, down 6 percent from $40.8 million in fiscal 2011, with sales up modestly at Dover but down at the other two businesses. Excluding restructuring costs in both years, the segment’s operating loss for fiscal 2012 was $3.7 million, versus a loss of $4.1 million in fiscal 2011. The reduction in the loss was attributable to the effects of cost-reduction measures taken throughout the year.