For the quarter ended March 31, 2018, the Company reported record first quarter revenue of $239.9 million, up 5% compared to first quarter 2017 revenue of $228.7 million. GAAP net loss was $3.6 million compared to GAAP net income of $4.8 million for the same period in 2017 or $(0.08) per diluted share compared to $0.10 per diluted share for the same period in 2017. Non-GAAP net income was $17.2 million, down 33% compared to non-GAAP net income of $25.8 million for the same period in 2017 or $0.38 per diluted share, down 31% compared to $0.55 per diluted share for the same period in 2017. Cash flow from operating activities was $6.3 million compared to $14.9 million during the same period in 2017. Click Read More below for additional information.
Ennis, Inc. (NYSE: EBF) announced Jim Gingle as the new General Manager of Independent Printing, located in De Pere, Wisconsin. Independent Printing is a print solutions expert specializing in the highest quality presentation folders, commercial printing, and check products for print distributors for almost 30 years.
Jim has been with Independent Printing for 10 years, holding the position of Business Development Manager in both the national and regional divisions. In addition, he has over 28 years of experience in the business forms/printing industry in sales and marketing roles.
“I’m excited for the opportunity to lead Independent Printing in its next chapter and to expand our presence in the packaging market,” said Jim. “We have a great team of employees and I’m confident we will continue to grow and exceed our customer’s expectations.”
Jim is married with two children. His hobbies include spending time at his cottage, fishing, golfing, kayaking and cross country skiing.