Cenveo Announces Third Quarter 2015 Results
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Cenevo (CVO) Tops Q3 EPS by 1c
November 18, 2015 5:10 PM ESTCenevo (NYSE: CVO) reported Q3 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $19.8 million versus the consensus estimate of $471.26 million.
Results of Operations Overview:
The Company generated net sales of $419.8 million for the three months ended September 26, 2015, compared to $435.6 million for the same period last year, a decline of 3.6%. The Company generated net sales of $1.26 billion for the nine months ended September 26, 2015, compared to $1.31 billion for the same period last year, a decline of 3.4%. The decline in net sales is attributable to the consolidation of several... More
