Champion Industries Inc. announced unaudited earnings results for the first quarter ended January 31, 2014. For the quarter, the company reported net loss from continuing operations of $630,000 or $0.06 per share on a basic and diluted basis compared to a net loss from continuing operations of $3.5 million or $0.31 per share on a basic and diluted basis for the quarter ended January 31, 2013. The reduced loss for 2014 over 2013 was primarily the result of pre-tax non-cash impairment charges associated with goodwill of $2.2 million associated with the printing segment in 2013 and lower interest expense in 2014 due to lower interest rates and lower average borrowings as well as reduced amortization expense associated with debt discount in 2014 compared to 2013.

Total revenues continuing operations were $15,423,000 against $18,310,000 a year ago.