SupremeX Announces Record Q1 2023 Results
First Quarter Financial Highlights and Recent Events • Total revenue increased by 39.8% to $88.4 million, from $63.3 million in the first quarter of 2022. • Envelope segment revenue was up 44.4% to $64.5 million, from $44.6 million in the first quarter of 2022. • Packaging and specialty products segment revenue rose by 28.7% to $24.0 million, from $18.6 million last year. • Net earnings increased 50.7% to $9.5 million, from $6.3 million in the first quarter of 2022. • Acquisitions of Impression Paragraph Inc. (“Paragraph”), on January 16, 2023 and of Graf-Pak Inc. (“Graf-Pak”) on May 8, 2023