Schawk Signs Gravure Cylinder Supply Agreement, Posts Sales Decline
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2011 First-Quarter Results
Schawk’s net income in the first quarter of 2011 was $2.8 million vs. $2.5 million in the first quarter of 2010. On a non-GAAP basis, adjusting for financial impacts relating to foreign currency exposure and certain expenses as further detailed in this earnings release, adjusted net income was $4.2 million in the first quarter of 2011 compared to $4.5 million during the prior-year comparable period.
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