Quad Earnings Reports

Quad reported a 4% decline in Net Sales to $629 million in Q1 2025, but significantly improved Net Earnings to $6 million compared to a $28 million Net Loss in Q1 2024. Adjusted EBITDA decreased slightly to $46 million, while Adjusted Diluted EPS increased to $0.20.

Quad reported fourth quarter 2024 net sales of $708.4 million, a decrease of 10.1% compared to the same period in 2023. Despite the sales decline, the company achieved net earnings of $4.7 million, an improvement from a net loss of $22.0 million in the prior year, primarily due to increased manufacturing productivity and cost reduction initiatives. Adjusted EBITDA for the quarter was $62.6 million.

Quad reported Net Sales of $675 million and a Net Loss of $25 million, or $0.52 Diluted Loss Per Share, for the third quarter of 2024. The company achieved Non-GAAP Adjusted EBITDA of $59 million, increased from $57 million in the third quarter of 2023, and delivered $0.26 Adjusted Diluted Earnings Per Share. Quad also updated its full-year 2024 financial guidance, anticipating Net Sales trending to the higher end of decline in its original guidance range and improving anticipated year-end Net Debt Leverage from approximately 1.8x to 1.5x.

Quad reported a net sales of $634 million and a net loss of $3 million. The company achieved an adjusted EBITDA of $52 million and an adjusted diluted earnings per share of $0.12. They also reaffirmed their full-year 2024 financial guidance.

Quad's first quarter results were in line with expectations. The company reported net sales of $655 million and a net loss of $28 million, or $0.60 diluted loss per share. Adjusted diluted earnings per share was $0.10. The company reaffirms its full-year 2024 financial guidance, including 1.8x Net Debt Leverage by year end.

Quad reported a net sales decrease of 11% to $788 million in Q4 2023, with a net loss of $22 million compared to a net loss of $9 million in Q4 2022. Adjusted EBITDA decreased to $66 million from $79 million in the same period last year, while adjusted diluted earnings per share was $0.23, down from $0.41 in Q4 2022.

Quad reported a 16% decrease in net sales to $700 million, resulting in a net loss of $3 million, or $0.06 loss per share. Adjusted EBITDA was $57 million, and adjusted diluted earnings per share was $0.11. Despite the revenue challenges, the company focused on cost management, productivity, and debt reduction, reducing net debt by $132 million over the last 12 months.

Quad reported Net Sales of $703 million and a Net Loss of $6 million for the second quarter of 2023. The company achieved an Adjusted EBITDA of $50 million and an Adjusted Diluted Earnings Per Share of $0.02. Despite economic uncertainty, Quad continues to execute its growth strategy and reaffirmed its full-year 2023 financial guidance.

Quad reported a 3% increase in net sales for Q1 2023, driven by higher print product sales in the United States and Mexico, and increased Agency Solutions sales. The company's adjusted diluted earnings per share increased to $0.15, and they reaffirmed their full-year 2023 financial guidance.

Quad reported a 4% increase in net sales to $885 million and an adjusted EBITDA increase to $79 million for the fourth quarter of 2022. The company's adjusted diluted earnings per share increased to $0.41. However, the company reported a net loss of $9 million for the quarter.

Quad/Graphics reported strong third-quarter results, with net sales up 18% year-over-year and adjusted diluted earnings per share increasing by 78%. The company raised its full-year net sales guidance range to 8%-10% growth, driven by strong execution and continued sales momentum.

Quad reported a 9% increase in net sales for Q2 2022, or 14% excluding divestitures, with growth across all product and service offerings. Net earnings were $5 million, and Adjusted EBITDA was $56 million. Adjusted Diluted Earnings Per Share was $0.13, consistent with the second quarter of 2021.

Quad reported a 5% increase in net sales, or 9% excluding divestitures. The company reported a net loss of $1 million and adjusted EBITDA of $49 million. Strategic investments in talent, equipment, technology, products and services continued.

Quad reported a 1% increase in net sales to $855 million for Q4 2021. The increase in net sales was due to a 4% increase in year-over-year print Net Sales and a 4% increase in year-over-year Agency Solutions Net Sales. Net loss from continuing operations was $21 million, an improvement of $65 million compared to the fourth quarter of 2020. Adjusted EBITDA was $56 million, compared to $64 million in the same period in 2020.

Quad's third quarter results showed a 4% increase in net sales, with 7% organic growth, and a rise in net earnings from continuing operations by $12 million to $14 million compared to 2020. Adjusted EBITDA increased by 6% to $64 million. The company reaffirms its full-year financial outlook for 2021.

Quad reported a strong second quarter of 2021 with a 19% increase in net sales and a significant increase in net earnings from continuing operations. The company also reduced its net debt by $120 million year-to-date and raised its full-year outlook.

Quad/Graphics reported first quarter 2021 results, which included a third straight quarter of improvement in net sales decline rate, increased adjusted EBITDA margin, and higher cash flows. New business wins in agency solutions and print also contributed to the positive trends.

Quad reported a net sales of $843 million, a net loss of $86 million, and an adjusted EBITDA of $64 million for Q4 2020. Despite challenges from the COVID-19 pandemic and print industry pressures, the company achieved sequential revenue improvement and focused on cost management and debt reduction.

Quad/Graphics, Inc. reported a decrease in net sales by 28% to $679 million due to the economic impact from the COVID-19 pandemic and ongoing print industry volume and pricing pressures. However, net earnings increased by $50 million to $3 million, and the Adjusted EBITDA margin improved to 8.9%. The company continued to pay down debt, reducing it by $95 million year-to-date and $222 million over the past 12 months.

Quad reported a 38% decrease in net sales to $585 million, but improved Adjusted EBITDA margin to 10.2%. The company generated positive cash flow and reduced net debt by $125 million over the last 12 months.

Quad reported a net sales decrease of 14.4% to $823 million, driven by industry volume and COVID-19 impacts. Net loss from continuing operations was $9 million, an improvement from the previous year. The company increased net cash provided by operating activities by $103 million and free cash flow by $116 million, and reduced net debt by $49 million.

Quad/Graphics reported Q4 2019 results that exceeded expectations, driven by excellent customer service, aggressive cost management, and increased manufacturing productivity. The company's strategic priorities and investments in hourly production employees' wages contributed to strong quality and on-time delivery. Quad is focused on transforming into a marketing solutions partner and offsetting print industry volume declines.