Black Box (NASDAQ: BBOX) noted “record” revenues of $1.1 billion in fiscal 2011, an 11 percent boost, with 9 percent organic revenue growth.
“I am proud to announce our record revenue for Fiscal 2011, ” CEO Terry Blakemore said. “Our results for the year demonstrate the power of our diversified solution offering and client base. As different sectors of the global economy improved, Black Box was able to capture the benefit of that improvement and grow revenues organically by nine percent. Through disciplined management, our teams provided world-class solutions to our global clients and expanded our adjusted operating income margins for the year.”