Business Management - Finance/Financial
The September quarter shows improved organic revenue growth and operating efficiencies for Multi-Color Corp. (MCC), both contributing to better earnings. For example, net revenues increased 21 percent to $213.0 million from $176.6 million compared to the prior year quarter. "We see these improvements as broadly based and sustainable. We are now focused on further organic revenue and earnings growth potential for next fiscal year, as well as acquisition opportunities," said Nigel Vinecombe, president and CEO of Multi-Color Corp.
CHICAGO—The 2014 third-quarter results for RR Donnelley have been released, reflecting continued success. Despite a challenging comparable related to the timing shift of a significant customer project into the fourth quarter this year, the company achieved organic revenue growth of 0.8 percent in the third quarter.
STAMFORD, CT—Announcing its financial results from the third quarter of 2014, Cenveo reported net sales of $480.6 million, which is up 8.5 percent from the third quarter of 2013. The increase is primarily due to sales generated from the integration of National Envelope into Cenveo's envelope operations, which was acquired on Sept. 16, 2013. In addition, the company was able to pass along paper price increases to certain customers in its envelope operations.
SUSSEX, WI—For the third quarter ending Sept. 30, 2014, Quad/Graphics Inc. reported that results were in-line with its expectations. Net sales for that time period were $1.2 billion, an increase of 2.5 percent compared to the third quarter of 2013. The increase was in part due to Quad/Graphics' acquisition of Brown Printing.
Announcing its financial results from the third quarter of 2014, Cenveo reported net sales of $480.6 million, which is up 8.5 percent from the third quarter of 2013. The increase is primarily due to sales generated from the integration of National Envelope into Cenveo's envelope operations, which was acquired on Sept. 16, 2013. In addition, the company was able to pass along paper price increases to certain customers in its envelope operations.
Reporting its third-quarter results for 2014, InnerWorkings Inc. announced a non-GAAP adjusted EBITDA of $12.3 million, which is an increase of 41 percent compared to the non-GAAP adjusted EBITDA of $8.7 million in the third quarter of last year. "Our consistent growth and solid momentum continued in the third quarter as we landed major new client contracts, underscoring our opportunity within a large and underpenetrated market,” said Eric Belcher, CEO of InnerWorkings.
For the third quarter ending Sept. 30, 2014, Quad/Graphics Inc. reported that results were in-line with its expectations. Net sales for that time period were $1.2 billion, an increase of 2.5 percent compared to the third quarter of 2013. The increase was in part due to Quad/Graphics' acquisition of Brown Printing.
Eastman Kodak Co. has reported net earnings of $19 million for the third quarter of 2014. Net earnings in the third quarter of 2013 were $1.99 billion as a result of a $2.21 billion reorganization item gain in that quarter. Operational EBITDA increased to $89 million in the third quarter from $42 million in the previous-year quarter.
The 2014 third-quarter results for RR Donnelley have been released, reflecting continued success. Despite a challenging comparable related to the timing shift of a significant customer project into the fourth quarter this year, the company achieved organic revenue growth of 0.8 percent in the third quarter.
Third quarter 2014 net earnings have been released by International Paper. Operating Earnings were $409 million ($0.95 per share) in the third quarter of 2014, compared with $400 million ($0.93 per share) in the second quarter of 2014 and $455 million ($1.01 per share) in the third quarter of 2013.