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GPO announces seventh consecutive year of positive results

Thursday, November 18, 2010

Press release from the issuing company

Washington - The U.S. Government Printing Office (GPO) is reporting a seventh consecutive year of net operating income for its fiscal year 2010 results. The unaudited financials show GPO completed the year with a net operating income of $7.9 million on total revenues of $928 million, excluding Other Operating Income of $290 thousand for an adjustment to GPO's long term workers' compensation liability.  

"As GPO begins to celebrate our 150th anniversary, I am proud to announce we have completed a seventh consecutive year of positive results due to the hard work and dedication of our employees," said Public Printer Bob Tapella. "GPO has re-engineered itself many times since 1861 to remain relevant and viable for the future.  It is through the efforts of our family of employees that GPO has transformed itself into a 21st century printing, digital media and secure credentialing facility."

 

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