R.R. Donnelley & Sons Co. has reported a 2012 fourth-quarter net loss attributable to common shareholders of $849.0 million. "Following the challenging conditions we have faced for the last several quarters, we are pleased with the improvement in revenue and margin trends we achieved in the fourth quarter," said Thomas J. Quinlan III, RR Donnelley's president and CEO.
InnerWorkings Inc., which procures, manages and delivers printed materials and promotional products as part of a comprehensive outsourced enterprise solution, reported record revenue of $208.0 million, an increase of 19 percent compared to revenue of $175.2 million in the fourth quarter of 2011.
Consolidated Graphics (CGX) has announced its financial results for its third quarter ended December 31, 2012. Revenue for the December 2012 quarter increased 4.0 percent to $295.3 million, compared to the prior year. Adjusted Diluted Earnings per Share was $1.75, the all-time high in the history of the company.
Semper International's print Industry Insight survey has revealed an increase in reported profitability during the fourth quarter of 2012. Other key findings of the survey revealed that 79 percent of companies surveyed reported a profitable Q3, and the greatest competitive threat to printers remains largely unchanged from last quarter.
Vistaprint N.V. has released its financial results for the three-month period ended December 31, 2012, the second quarter of its 2013 fiscal year. “Our quarterly earnings per share were above our expectations, due in part to our strong gross margins and onetime favorability in our tax rate,” said Robert Keane, president and chief executive officer.
Amid the lingering effects of the recession, Plum Grove Printers posted a 28 percent increase in sales for 2012. The company’s sales were up throughout the year, but were boosted by an especially strong fourth quarter, with sales up 55 percent for the quarter compared to the same period of 2011.
Now in its 29th year, the Printing Impressions 400 provides the industry’s most comprehensive ranking of the leading printing companies in the United States and Canada. The listings include company name and headquarters location; parent company, if applicable; current and previous year’s rankings; most recent and previous year’s fiscal sales; percentage change; primary specialties; principal officer(s); as well as number of employees, manufacturing plants and total press units.
The industry has seen a lot of reorganizations in the past decade, with Quad’s just-announced acquisition of Vertis’ assets a particularly pointed example. When your liabilities are cleaned from your balance sheet, it shouldn’t be difficult to avoid catastrophe for the next two years.
The U.S. Postal Service (USPS) ended its third fiscal quarter (April 1 to June 30, 2012) with a net loss of $5.2 billion, compared to a net loss of $3.1 billion for the same period last year. Contributing significantly to the quarter's $5.2 billion loss was $3.1 billion of expense for the legislatively mandated prefunding of retiree health benefits.
Fastsigns has signed a total of 18 new deals this year, seven of which were independently owned sign shops that converted to the Fastsigns brand. In addition to signing new deals, Fastsigns opened 12 new centers in the second quarter.
