Checkpoint Systems, Inc. Announces First Quarter 2012 Results

Checkpoint Systems, Inc. (NYSE: CKP) today reported financial results for the first quarter ended March 25, 2012.

Financial Summary (a)

(Unaudited)

(amounts in millions, except per share data)
   

First Quarter
               

Mar. 25,

2012
 

Mar. 27,

2011

Net revenues
   

$ 162.3
 

$ 181.9
       
From Continuing

Operations
From Discontinued

Operations
Total Company
    Mar. 25,

2012
  Mar. 27,

2011 (b)
    Mar. 25,

2012
  Mar. 27,

2011
    Mar. 25,

2012
  Mar. 27,

2011 (b)
First Quarter    
As Reported (GAAP)
Net loss (c) $ (10.7 ) $ (8.2 ) $ (0.3 ) $ (0.5 ) $ (11.0 ) $ (8.7 )
Diluted loss per share (c) $ (0.26 ) $ (0.21 ) $ (0.01 ) $ (0.01 ) $ (0.27 ) $ (0.22 )
Non-GAAP (d)
Net loss (c) $ (8.6 ) $ (6.9 ) $ (0.3 ) $ (0.7 ) $ (8.9 ) $ (7.6 )
Diluted loss per share (c)   $ (0.21 )   $ (0.17 )     $ (0.01 )   $ (0.02 )     $ (0.22 )   $ (0.19 )

(a) See accompanying reconciliation of GAAP to Non-GAAP financial measures.

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