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July 04, 2015 5:51 AM ET

Commercial Services and Supplies

Company Overview of Courier Corporation

Company Overview

Courier Corporation, together with its subsidiaries, prints, publishes, and sells books. It operates in two segments, Book Manufacturing and Publishing. The Book Manufacturing segment produces hard and softcover books; and manages content, as well as provides warehousing and distribution services for publishers, religious organizations, and other information providers. This segment also provides cloud-based content management technologies for publishers and other companies interested in providing a self-publishing platform to their customers or communities. The Publishing segment publishes books in approximately 10,000 titles in 30 specialty categories, including fine and commercial arts, ch...

15 Wellman Avenue

North Chelmsford, MA 01863

United States

Founded in 1824

1,576 Employees

Phone:

978-251-6000

Fax:

978-251-8228

Key Executives for Courier Corporation

Chairman, Chief Executive Officer and President
Age: 63
Chief Financial Officer and Senior Vice President
Age: 62
Senior Vice President, Compliance Officer, General Counsel, Secretary and Clerk
Age: 45
Vice President and Treasurer
Vice President and Controller
Compensation as of Fiscal Year 2015.

Courier Corporation Key Developments

Courier Corporation(NasdaqGS:CRRC) dropped from NASDAQ Composite Index

Courier Corporation will be removed from Nasdaq Composite Index.

Courier Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Year to Date Ended March 28, 2015

Courier Corporation announced unaudited consolidated earnings results for the second quarter and year to date ended March 28, 2015. For the quarter, the company reported net sales of $60,580,000 compared to $60,580,000 for the same period a year ago. Operating loss was $16,574,000 compared to $2,789,000 for the same period a year ago. Loss before taxes was $17,265,000 compared to $2,897,000 for the same period a year ago. Loss was $15,556,000 compared to $3,370,000 for the same period a year ago. Loss per diluted share was $1.37 compared to $0.30 for the same period a year ago. Loss from continuing operations was $15,556,000 compared to $2,558,000 for the same period a year ago. Net loss from continuing operations per diluted share was $1.37 compared to $0.23 for the same period a year ago. Non GAAP loss before taxes was $3,616,000 compared to $1,027,000 for the same period a year ago. Non GAAP net loss was $2,368,000 or $0.21 per share diluted compared to $688,000 or $0.06 per share diluted for the same period a year ago. For the year to date, the company reported net sales of $127,074,000 compared to $132,840,000 for the same period a year ago. Operating loss was $13,273,000 compared to operating income of $1,843,000 for the same period a year ago. Loss before taxes was $14,101,000 compared to income before taxes of $1,560,000 for the same period a year ago. Loss was $13,760,000 compared to $723,000 for the same period a year ago. Loss per share diluted was $1.22 compared to $0.02 for the same period a year ago. Loss from continuing operations was $13,760,000 compared to income from continuing operations of $263,000 for the same period a year ago. Net loss from continuing operations per diluted share was $1.22 compared to net income from continuing operations per diluted share of $0.02 for the same period a year ago. Cash provided from operating activities was $9,511,000 compared to $14,096,000 for the same period a year ago. Capital expenditures were $3,199,000 against $7,532,000 a year ago. EBITDA was $1,116,000 compared to $14,935,000 for the same period a year ago. Adjusted EBITDA was $14,096,000 compared to $17,155,000 for the same period a year ago. Non GAAP income before taxes was $1,218,000 compared to $3,430,000 for the same period a year ago. Non GAAP net income was $796,000 or $0.07 per share diluted compared to $2,133,000 or $0.18 per share diluted for the same period a year ago.

Courier Corporation, Special/Extraordinary Shareholders Meeting, Jun 05, 2015

Courier Corporation, Special/Extraordinary Shareholders Meeting, Jun 05, 2015., at 09:00 US Eastern Standard Time. Location: Goodwin Procter LLP Conference Center. Agenda: To consider the proposed merger with R.R. Donnelley & Sons, Inc.

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