NASHUA 3RD QUARTER RESULTS

Nashua Corporation yesterday announced financial results for the Third quarter ended September 26, 2003.

Net sales for the third quarter of 2003 were $74.1 million, compared to $72.8 million for the third quarter of 2002. Gross margin for the third quarter of 2003 was $14.0 million, or 18.9%, compared to $ 14.6 million, or 20%, reported for the third quarter of 2002. Pre tax income for the third quarter of 2003 was $1.2 million compared to the third quarter 2002 pre tax income of $1.1 million. Net income for the third quarter of 2003 was $0.7 million, or $0.12 per share, unchanged from the same period a year ago. Earnings before interest, taxes, depreciation and amortization, also known as EBITDA, was $3.5 million for the third quarter of 2003, compared to $3.4 million for the third quarter of 2002.   color=#0000ffRead More