Standard
Register today announced its financial results for the second quarter of 2013.
The Company reported revenue of $136.8 million and a net loss of $4.8 million
or $0.80 per share. The results compare to second quarter 2012 revenue of
$155.1 million and a net loss of $1.1 million or $0.19 per share. The number of
shares and net income/loss per share for prior periods have been adjusted on a
retroactive basis to reflect the Company's 1-for-5 reverse stock split, which
was effective May 9, 2013.
Non-GAAP net income, after adjustments for pension loss amortization, pension settlement, restructuring charges and related tax effects, was $1.5 million or $0.25 per share compared to $3.8 million or $0.66 per share for the second quarter of 2012.
Non-GAAP net income, after adjustments for pension loss amortization, pension settlement, restructuring charges and related tax effects, was $1.5 million or $0.25 per share compared to $3.8 million or $0.66 per share for the second quarter of 2012.