X-Rite (XRIT) Reports Preliminary Q2 Sales In The Range of $71.5-$72.5 Million
X-Rite Inc. (NASDAQ: XRIT) reported preliminary Q2 2008 sales results in the range of $71.5 million to $72.5 million. This is compared to proforma 2007 Q2 sales (including Pantone) of $72 million.
In addition, the Company reported that it continued making progress in managing working capital, resulting in the payment of all scheduled payments to lenders, while maintaining a healthy cash position ending June 2008. Final results will be made available in the Company's earnings release and call scheduled for August 6.
X-Rite is the global leader in color-measurement solutions, offering hardware, software, color standards and services for the verification and communication of color data.
Related Categories
Corporate NewsGuidance
Stocks Mentioned
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
