Cenevo, Inc. (CVO) Tops Q1 EPS by 21c

Cenevo, Inc. (NYSE: CVO) reported Q1 EPS of $0.17, $0.21 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $432.8 million versus the consensus estimate of $434.72 million.

Robert G. Burton, Sr., Chairman and Chief Executive Officer, concluded:

"As we enter the second quarter, we are encouraged by our operational results and progress over the last five quarters and also with our potential capital structure solutions. We will continue to look to improve our margins and cash flow generation as the year progresses. Our efforts to date this year put us in a position to achieve our 2016 financial goals and we reiterate our 2016 full year guidance. I look forward to updating our investors on our conference call tomorrow."

For earnings history and earnings-related data on Cenevo, Inc. (CVO) click here.

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