– Net income of $4.4 million or $0.06 per share, an increase of $22.5 million vs. net loss of $18.1 million or ($0.23) per share in second quarter 2008 – EBITDA of $77.9 million, excluding special items, up from $74.1 million in third quarter 2007 and $40.1 million in second quarter 2008
Investors vote in favor of both proposals
Company Reaffirms Expectations for Improved Sales and Return to Operating Profitability in Fourth Quarter
Hot Dog Chain Recognized For Its Use of Pitney Bowes Location Intelligence Solutions to Develop Ambitious Nationwide Expansion Strategy
X-Rite, Incorporated (NASDAQ: XRIT) today announced it has completed a $155 million capital raise led by OEPX, LLC, a Delaware limited liability company managed by One Equity Partners (“OEP”), and with Sagard Capital Partners, L.P. (“Sagard”) and Tinicum Capital Partners II, L.P., Tinicum Capital Partners II Parallel Fund, L.P. and Tinicum Capital Partners II Executive Fund L.L.C. (collectively, “Tinicum”).
Reiterates Projected $25 Million Annual Revenue Run Rate by End of 2008
Property Will Be Developed to Help Meet Areas Need for Well-Located Residential and Commercial Real Estate
