SupremeX Announces Results for the First Quarter of 2024
First Quarter Financial Highlights and Recent Events • Total revenue of $73.3 million, down from $88.4 million in the first quarter of 2023, but up sequentially from $72.3 million in the fourth quarter of 2023. • Envelope segment revenue of $53.4 million, versus $64.5 million a year ago and $50.6 million three months ago. • Packaging and Specialty Products segment revenue of $19.8 million, versus $24.0 million last year and $21.7 million in the fourth quarter of 2023. • Net earnings of $3.5 million, or $0.14 per share, versus $9.5 million, or $0.37 per share, in the first quarter of 2023, and $0.7 million, or $0.03 per share in the fourth quarter of 2023.