Monday 10. May 2010
Presstek Reports a $1.6 Million Improvement in First Quarter 2010 Operating Profit
Sequential quarterly revenue growth of $1.0 million $1.4 million increase in year-on-year adjusted EBITDA on a level revenue base; Year-on-year equipment revenue increase of 28%, CTP plate revenue increase of 10%, and operating expense decline of 16%; $6.7 million sequential reduction brings debt net of cash to three-year low of $5.4 million