Courier Reports Seasonal Pattern for Q2 Results

Second-quarter revenues for the segment were $9.4 million, down 3 percent from $9.6 million in last year’s second quarter. The segment’s operating loss for the quarter was $368,000, compared to a loss of $1.1 million last year. For fiscal 2013 to date, segment sales were $18.5 million, versus $19.1 million for the first half of last year. The segment’s operating loss through six months was $1.5 million, versus $3.0 million for the corresponding period last year.