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Weak Publishing Results Hurt Courier

Posted at 8:01AM Friday 27 Jan 2012

Sales rose 3% at Courier Corp. in the first quarter ended December 24, but problems in its publishing division led to a slight decline in net income. Total revenue increased to $62.9 million, but earnings fell to $1.5 million from $1.7 million due in part to a $1.5 million charge that Courier attributed to "cost reduction measures" taken in the publishing group.

PW


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