Friday, 11 May 2012

PNI Digital Media reports $216000 first-quarter loss, sales flat

 

PNI Digital Media reports $216000 first-quarter loss, sales flat

VANCOUVER - PNI Digital Media (TSX:PN) said Thursday it lost $216,000 in its latest quarter as its revenue held steady compared with a year ago.

"We saw a solid performance in our core photo business while we continued our push into our new company lines.

The company said it processed 3.

"Our second quarter saw record transactions for our seasonally-weakest quarter," chief executive Kyle Hall said in a statement.

PNI helps connect customers with retailers for the printing of photos, photo books and calendars, business cards and stationery.

Shares in the company, which reported its results after the close of markets, were down a penny at 56 cents on the Toronto Stock Exchange.

PNI Digital Media reports $216000 first-quarter loss, sales flat



Trade News selected by Local Linkup on 11/05/2012

 

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