North Bergen, New Jersey 3/16/2010 2:00:46 AM
News / Business

Chief Stock Schawk Inc. builds a profit in the fourth quarter.

Top Penny Stock Newsletter profiles Schawk Inc’s Latest 4Q Profits.

Schawk Inc, a provider of digital imaging services provider said on Monday that it swung a profit in the fourth quarter as it managed costs and its sales rose. Schawk Inc. trades on the “New York Stock Exchange” under the Stock Symbol “SGK”. For the Latest information regarding on “SGK”, make sure to visit the Most Exclusive and In Depth newsletter website at:   http://www.wallstreetgrand.com/.

 

 

 

 

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Schawk Inc. (NYSE:SGK), a provider of digital imaging services, said Monday it swung to a profit in the fourth quarter as it managed costs and its sales rose. In the quarter that ended Dec. 31, the company earned $3.7 million, or 15 cents per share, it reported Monday. In the same period a year earlier, Schawk lost $58.4 million, or $2.27 per share, largely because it wrote down the value of its goodwill

CEO David A. Schawk said in a news release that the company's cost-cutting combined with higher revenue to increase its quarterly profits.

 

 

 

About Schawk Inc:

 

Schawk, Inc. provides brand point management services in North America, Europe, Asia, and Australia. The company’s services enable companies to connect their brands with consumers to create brand affinity. It offers graphic services, which include premedia business, high-end digital photography, color retouching, large format digital printing, and sales and promotional samples, as well as digital three-dimensional modeling of prototypes or existing packages for its consumer products clients. The company also provides brand strategy and design services, including brand consulting and design for packaging applications. In addition, it offers software solutions for the marketing services departments; and graphic lifecycle content management systems comprising digital asset management, workflow management, and online proofing modules; and software implementation, technical support, and managed application service provider services. The company serves clients in the consumer products packaging, retail, pharmaceutical, and advertising markets. Schawk, Inc. was founded in 1953 and is headquartered in Des Plaines, Illinois.

 

 

 

 

 

 

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Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

 

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