Ennis, Inc. Reports Solid Six-Month Revenue, but Net Income Sees a Dip
Ennis, Inc. announces unaudited financial results for the second quarter ending August 31, 2023, showcasing robust revenue growth
Ennis, Inc.(EBF), a leading player i n the printing and manufacturing industry, has recently disclosed its unaudited condensed consolidated financial information for the second quarter ending August 31, 2023. This report provides a comprehensive overview of the company's financial performance, including both net income/loss and revenue.
Robust Revenue Figures
During the second quarter of 2023, Ennis, Inc. reported total revenues of $106.76 million, showcasing a commendable performance in the face of economic challenges. This figure, although slightly lower than the same period in the previous year when it stood at $111.23 million, reflects the resilience of the company in maintaining a strong revenue stream.
Over the six-month period ending August 31, 2023, Ennis, Inc. recorded total revenues of $218.05 million, compared to $218.90 million in the corresponding period in 2022. The marginal decrease in revenue over the six months indicates the company's ability to navigate through market fluctuations.