Presstek reports strong Q2

Presstek has posted solid 2005 Q2 results and stated it was ahead of expectation on the integration of AB Dick.

The company posted net income of 1.2m ($2.3m) compared to 810,000 in Q1 of last year.

"Presstek's strong financial results were achieved as we continued to integrate AB Dick into Presstek's operations," said executive vice president and chief financial officer Moosa E Moosa.

"One of the most encouraging signs in the quarter was the rapid start-up of the AB Dick sales force in the sell through of Presstek technology products," added president and chief executive Edward Marino.

As a result of the firm's acquisition of AB Dick, Q2 sales more than trebled to 39m compared to last year.