Champion Industries Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended July 31, 2013
September 13, 2013 at 04:00 pm
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Champion Industries Inc. reported unaudited earnings results for the third quarter and nine months ended July 31, 2013. For the quarter, the company reported total revenues from continuing operations were $17,967,000 compared to $22,323,000 a year ago. Net loss from continuing operations were $1,306,000 compared to $1,513,000 a year ago. Net loss was $1,090,000 compared to $593,000 a year ago. Basic and diluted net loss per share from continuing operations was $0.12 compared to $0.13 a year ago. Basic and diluted loss per share was $0.10 compared to $0.05 a year ago.
For the nine months, the company reported total revenues from continuing operations were $54,514,000 compared to $67,454,000 a year ago. Net loss from continuing operations were $5,551,000 compared to $13,885,000 a year ago. Net loss was $5,456,000 compared to $21,695,000 a year ago. Basic and diluted net loss per share from continuing operations was $0.49 compared to $1.23 a year ago. Basic and diluted loss per share was $0.48 compared to $1.92 a year ago.
Champion Industries, Inc. is a business solutions provider. The Company provides solutions in commercial printing, business forms manufacturing, office products, office furniture supply, and mailing solutions. Its two lines of business segments are commercial printing; and office products, office furniture and office design. It offers warehousing and fulfillment of prints and supplies goods in regional markets of the Mississippi River. Its printing services include business cards, books, tags, labels, brochures, posters, multi-part, continuous and snap-out business forms. Its office products, office furniture and office design segment provide a range of product offerings in two categories, which include supplies, such as file folders, paper products, pens and pencils, computer paper and laser cartridges, and furniture, including budget and middle price range desks, chairs, file cabinets and computer furniture. Its promotional products include apparel, bags, drinkware, and others.