Multi-Color Corp. announced that its Board of Directors declared the company's quarterly cash dividend for the third quarter of fiscal year 2010. The dividend is a payment of five cents per common share, payable December 1, 2009, to shareholders of record at the close of business on November 16, 2009.

Multi-Color Corp. reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2009. For the quarter, the company's net revenues decreased 11% to $72.0 million from $80.6 million. The decrease in Revenue was due to an 8% decline in sales volume, a 2% unfavorable pricing impact and a 1% unfavorable foreign exchange impact. Operating income decreased 21% to $6.1 million from $7.7 million due to the decline in revenues. Net income from continuing operations decreased 17% to $3.4 million from $4.1 million. EPS from continuing operations decreased 15% to 28 cents per diluted share from 33 cents. Net income was $3.43 million or $0.28 diluted per share compared to $4.11 million or $0.33 diluted per share for the same period a year ago. For the six month period ended September 30, 2009, the company's net revenues decreased 12% to $141.6 million from $160.1 million due to an 8% decline in sales volume, a 3% unfavorable foreign exchange impact and a 1% unfavorable pricing impact. Net income from continuing operations increased 6% to $7.4 million and EPS from continuing operations was 60 cents per diluted share for the six months ended September 30, 2009. Net income was $7.41 million or $0.60 diluted per share compared to $6.80 million or $0.55 diluted per share for the same period a year ago. In addition, the company will relocate its Corporate Headquarters from Sharonville, Ohio to its Batavia, Ohio facility during the third quarter ending December 31, 2009. In connection with the relocation, the company will record an estimated charge of approximately $1.1 million to $1.5 million for remaining lease obligations related to its Sharonville facility.

Multi-Color Corp. expected to Report Q3 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on November 2, 2009).