Consolidated
Graphics, Inc. today announced financial results for its first quarter ended
June 30, 2013.
Revenue
for the June 2013 quarter was $236.7 million, compared to $238.3 million for
the same quarter last year, as an expected decline in election related business
was partially offset by a 1% increase in same-store sales. Adjusted Operating
Income increased 211% for the quarter to $8.7 million or 3.7% of revenue,
compared to $2.8 million, or 1.2% of revenue last year. Adjusted Net Income
increased 390% to $4.7 million for the quarter, compared to $1.0 million for
the prior year. Adjusted Diluted Earnings Per Share for the June quarter
increased 444% to $.49, compared to $.09 last year. Adjusted EBITDA increased
17% to $25.0 million for the quarter and Free Cash Flow was $14.4 million.
