Consolidated Graphics Reports Financial Results For Q3:
Consolidated Graphics (NYSE: CGX) today announced 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 Operating Income increased 17.3 percent for the quarter to $24.3 million or 8.2 percent of revenue, compared to $20.7 million or 7.3 percent of revenue last year. Adjusted Net Income increased 32.4 percent to $16.9 million for the quarter, compared to $12.7 million for the prior year. Adjusted Diluted Earnings per share increased 43.4 percent to $1.75, compared to $1.22 last year. Adjusted EBITDA increased 9.2 percent to $42.7 million for the quarter and Free Cash Flow was $16.8 million for the quarter.
