Multi-Color: Fiscal 2Q Earnings Snapshot
BATAVIA, Ohio (AP) _ Multi-Color Corp. (LABL) on Tuesday reported fiscal second-quarter profit of $23.8 million.
On a per-share basis, the Batavia, Ohio-based company said it had net income of $1.16. Earnings, adjusted for one-time gains and costs, came to $1.18 per share.
The label manufacturer posted revenue of $434.9 million in the period.
Multi-Color expects full-year earnings to be $4.20 to $4.50 per share.
Multi-Color shares have decreased 25 percent since the beginning of the year. The stock has declined 31 percent in the last 12 months.