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MASS. MOVERS

Courier books a big increase in profit

November 17, 2011

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Courier Corp., one of America’s leading book manufacturers and specialty publishers, announced fourth-quarter and full-year results for its fiscal year ended Sept. 24, 2011. Fourth-quarter 2011 revenues were $73.7 million, up 5 from $70.2 million in last year’s fourth quarter. Net income for the quarter was up sharply to $6.4 million or $.53 per diluted share. In fiscal 2010, fourth-quarter net income was $1.1 million or $.09 per diluted share including a $4.7 million pretax impairment charge, and $4.2 million or $.35 per diluted share excluding that impairment charge.

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