Checkpoint Systems (CKP) Misses Q4 EPS by 2c
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Checkpoint Systems, Inc. Announces Fourth Quarter and Full Year 2015 Results
March 3, 2016 6:50 AM ESTTHOROFARE, N.J.--(BUSINESS WIRE)-- Checkpoint Systems, Inc. (NYSE: CKP) today reported financial results for the fourth quarter and fiscal year ended December 27, 2015. As a result of the announcement that Checkpoint Systems has entered into a definitive agreement to be acquired by CCL Industries Inc., the Company has canceled its earnings conference call previously scheduled for 5:00 p.m. Eastern Time this afternoon.
Selected Discussion and Analysis of Fourth Quarter 2015 Results
Net revenues decreased 9.8% to $165.1 million compared with $183.1 million for the fourth quarter of 2014. Foreign currency effects resulted in a 7.3% decrease to... More