Presstek Narrows Loss for Fiscal Year, Logs Third 75DI Press Order
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• Consumables revenue totaled $19.5 million in the fourth quarter of 2010, compared with $20.6 million for the same period last year, as increases in CTP plates of 10 percent from the prior year quarter were more than offset by reductions in "traditional" product categories.
• Service revenue declined approximately 15 percent to $6.0 million in the fourth quarter of 2010 compared to the year ago quarter. This drop is primarily due to the continued erosion of the analog service base, lower installation revenue and a general trend by customers to delay service calls and maintenance to save money in a difficult economy.
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- Companies:
- Presstek Inc.
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