Business Management - Finance/Financial

On this episode of The Week that Was, Cenveo announced the sale of its long run label and receipt paper assets to Iconex LLC; R.R. Donnelley and Quad reported financial results for the first quarter of 2019; American Litho is bringing an HP PageWide Web Press T240 HD on board; and Kirkwood Direct is bringing on a Ricoh Pro VC60000 featuring expanded gamut inks.

This strong growth was underpinned by significantly more orders for services and for folding carton, direct glass and security presses.

New Direction Partners’ Peter Schaefer reviews EBITDA and stock price trends for publicly traded printing and packaging companies.

First quarter results were in-line with expectations and reflect the company’s consistent execution against strategic priorities.

First quarter results were in line with expectations and the company made significant progress in advancing strategic initiatives.

Xerox raised its full-year EPS guidance despite reporting a $2.2 billion decline in revenues for the first quarter of 2019.

Deluxe announced its financial results for the first quarter ended March 31, 2019. Net income decreased $22.1 million year-over-year.

Consumer price index (CPI)-based price increases were not enough to offset revenue lost from declining volumes.

William Boesch will take on the role of CFO at the GPO. He has served as GPO Acting Chief Financial Officer since December 2018.

In most print operations, the single highest variable cost is labor, however, there’s no magic answer when it’s not going well.