Business Management - Finance/Financial

The USPS reported operating revenue of $16.6B for Q3 of fiscal year 2016. However, it suffered both a controllable loss and a net loss.

Kodak reported its financial results for the Q2, delivering a return to profitability based primarily on an increase in GAAP income.

InnerWorkings’ Revenue was $269.2M in the second quarter, an increase of 6.7% compared with $252.2M in the second quarter of 2015.

Franchise Services reported that franchise network revenue for 2015 was up higher than the industry average.

In an announcement, Cenveo revealed its net income for the second quarter of 2016 was $47.6 million.

According to RRD President and CEO Thomas J. Quinlan III, the spinoffs of LSC and Donnelley Financial Solutions remain on track.

Quad reported net sales for the second quarter was $1 billion dollars, while adjusted EBITDA was up due to operational efficiencies.

Heidelberg recently held its Annual General Meeting (AGM) for financial year 2015/2016. The Management Board discussed the company’s strategy and the figures for the past financial year. In his speech, Heidelberg CEO Gerold Linzbach analyzed where Heidelberg is currently at and then highlighted where the company is heading in the medium term. Approval from the company's shareholders was needed for five of the six items on the AGM agenda, including Karen Heumann’s election to the Supervisory Board. All items on the agenda were approved with a clear majority.

Cimpress’ revenue for the fourth quarter of fiscal year 2016 was $479.2M, a 26% increase compared to the same quarter a year ago.

Key highlights for Deluxe Corp. in Q2 2016 include a revenue increase of 3.4%, and a net income increase of 4.1%.