For the three months ended September 30, 2018, the Company reported record third quarter revenue of $257.1 million, up 4% compared to third quarter 2017 revenue of $248.4 million. GAAP net income was $1.9 million compared to GAAP net income of $3.5 million for the same period in 2017. For the nine months ended September 30, 2018, the Company reported revenue of $758.1 million, up 5% year-over-year compared to $724.1 million for the same period in 2017. GAAP net income was $2.1 million or $0.05 per diluted share, compared to $11.0 million. Click read more below for additional detail.
Royle Printing is pleased to announce that Tom Benedict is joining Royle Printing as Director of Catalog Sales. In this role, Tom will oversee and enhance Royle’s position in developing the catalog market. Tom has a wealth of experience in this area, serving for over 27 years in the catalog and print industry. He has been with RR Donnelly/LSC, Banta Corporation and most recently with Arandell Corporation as their Vice President of Sales.
“Royle is clearly committed to expand their presence in the catalog market through their continued investment in equipment and resources,” states Benedict. “The company is well positioned to serve and support catalogers, both in producing high quality print products and distributing the products in the most efficient manner.” Benedict goes on to say, “I feel the knowledge and relationships I share in the direct mail industry will help the Royle team accomplish their goals.”
Leigh Ann Sickinger is also joining Royle Printing as Purchasing Manager. In this role, Leigh Ann will be responsible for vendor relationships in purchasing supplies, ink and paper for production. Leigh Ann brings with her over 10 years of experience, most recently as a Paper Buyer/Manager for Quad Graphics.
“We are very pleased to have both Tom and Leigh Ann join our team,” says Chris Carpenter, President and Owner of Royle Printing. “Their experience and tenure in the print industry will be put to good use as Royle grows and expands our service offerings. Royle will continue to invest in equipment, technology and partnerships, to provide customers with highly efficient and cost effective solutions.”