Cenveo Inc. has announced results for the three and six months ended June 28, 2014. The company reported net sales of $479.4 million, up 17.9 percent from the second quarter of 2013. "We are very encouraged by our second quarter performance highlighted by delivering consolidated organic revenue growth of over 2 percent," said Robert G. Burton Sr., chairman and CEO.
InnerWorkings Inc. has reported its financial results for the three months ended June 30, 2014, with a record revenue of $260.3 million, an increase of 23 percent compared to $210.9 million in the second quarter of 2013.
Neenah Paper's sales growth in 2014 resulted primarily from higher volumes, as well as favorable currency translation and increased net selling prices. Net sales of $230.4 million in the second quarter of 2014 grew 9 percent compared with $212.3 million in the second quarter of 2013 as Technical Products revenues increased 10 percent and Fine Paper revenues grew 7 percent.
Courier Corp. has released its financial results for the quarter ended June 28, 2014, the third quarter of its 2014 fiscal year. Revenues were $67.7 million, up 5 percent from last year’s third-quarter revenues of $64.1 million.
Quad/Graphics has reported results for its second quarter ending June 30, 2014. The reported results include Brown Printing from the day of acquisition on May 30, 2014. Prior year financial results do not include the acquisition of Brown Printing. "Our second quarter results were consistent with our expectations and we remain on track to achieve our 2014 objectives," said Joel Quadracci, Quad/Graphics chairman, president and CEO.
For the second quarter of 2014, NewPage's net loss was $30 million compared to a net loss of $13 million in the second quarter of 2013. The increase in net loss was the result of higher input costs of $20 million driven by the continuing effects of extreme weather-related factors through April 2014 and lower paper prices, partially offset by lower non-cash stock compensation expense, lower pension expense, cost reduction initiatives and other general and administrative expenses.
Financial results for the three-month period ended June 30, 2014, the fourth quarter of the 2014 fiscal year, have been released by Vistaprint. The fourth-quarter results revealed revenue growth of 21 percent year over year to $338.2 million.
International Paper has reported second quarter 2014 net earnings attributable to common shareholders totaling $161 million ($0.37 per share) compared with a net loss of $95 million ($0.21 per share) in the first quarter of 2014, which included a pre-tax charge of $495 million associated with the Courtland mill shutdown, and net earnings of $259 million ($0.57 per share) in the second quarter of 2013.
Revenue in the second quarter 2014 for Pitney Bowes totaled $958 million, which was growth of 1 percent on a reported basis and flat on a constant currency basis. On a reported basis, revenue for the quarter benefited from 27 percent growth in the Digital Commerce Solutions segment.
R.R. Donnelley's net sales in the second quarter were $2.9 billion, up $330.9 million, or 12.9 percent, from the second quarter of 2013. This was largely due to the acquisitions of Consolidated Graphics and the North American operations of Esselte.
