X-Rite (XRIT) Reports Preliminary Q2 Sales In The Range of $71.5-$72.5 Million

July 2, 2008 11:01 AM EDT

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.


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