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Updated: 11:44 a.m. Friday, Oct. 28, 2011 | Posted: 11:43 a.m. Friday, Oct. 28, 2011

SR reports higher net income

Staff Report

Document and business services provider Standard Register saw increases in both its quarterly and year-to-date net income, the company said Friday.

For the third quarter of 2011, the Dayton company reported net income of just over $8.4 million, or 29 cents per diluted share, over the net income of nearly $1.4 million, or five cents per diluted share, reported for the same quarter in 2010.

For the year so far, Standard Register reported net income of just over $8 million, or 28 cents per diluted share, above the $458,000, or two cents per diluted share, reported at the same point in 2010.

The company also saw revenue of $157.5 million for the third quarter, down from nearly $163.6 million for the same quarter last year. For the year to date, total revenue was posted at $486.7 million, down from nearly $495.7 million for the same point last year.

Shares of Standard Register (NYSE: SR) were trading up about 11 cents this morning, at $2.57 a share.

Based in Dayton for 99 years, Standard Register has about 560 local employees.

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