Connecticut-based print and visual communications services provider Cenveo has reported net sales of $517.2 million for the fourth quarter of 2008, compared to $584.4 million for the same period of 2007.
For the fourth quarter of 2008, the company recorded a net loss of $309.6 million, or $5.71 per share, compared to net income of $18.8 million, or $0.34 per diluted share for the same period of 2007.
The company’s net sales increased 2.5% to $2.1 billion for the full year 2008, compared to $2 billion for the full year 2007.
For the full year 2008, the company recorded a net loss of $298 million, or $5.53 per diluted share compared to net income of $40.8 million, or $0.75 per diluted share for the full year 2007.