Presstek Reports Improved 2010 Second Quarter Operating Profits
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"We continue to be committed to maintaining a proper balance of maximizing cash generation from operations while investing strategically in our long-term growth initiatives," said Presstek Executive Vice President and Chief Financial Officer, Jeff Cook. "While our debt net of cash did increase sequentially, it increased within the range of our expectations and we continue to be vigilant in our efforts to drive the future growth of our business in a managed and controlled way. Even with the decline in revenue in the quarter we were able to remain EBITDA positive due to our strong cost containment discipline."
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- Presstek Inc.
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