Presstek Narrows Loss for Fiscal Year, Logs Third 75DI Press Order
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2010 Financial Results
Total revenue in 2010 was $128.6 million, a decrease of 4 percent or $5.9 million from 2009. In 2010, equipment revenue increased 9 percent to $21.4 million compared with last year. Consumables revenue totaled $82.3 million in fiscal 2010 vs. $85.7 million for the prior year. Revenue in our “growth” consumables, DI and CTP plates, increased by 4 percent from the prior year but this increase was more than offset by reductions in “traditional” product categories. Service revenue declined approximately 14 percent to $24.9 million in 2010 compared to the prior year due to the factors noted in the fourth quarter discussion above.
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