Quad/Graphics, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 04:30 pm EDT
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Quad/Graphics, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 700.2 million compared to USD 829.9 million a year ago. Net loss was USD 2.7 million compared to net income of USD 13.7 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.27 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to diluted earnings per share from continuing operations of USD 0.27 a year ago.
For the nine months, sales was USD 2,169.8 million compared to USD 2,331.8 million a year ago. Net loss was USD 33.4 million compared to net income of USD 18 million a year ago. Basic loss per share from continuing operations was USD 0.68 compared to basic earnings per share from continuing operations of USD 0.35 a year ago. Diluted loss per share from continuing operations was USD 0.68 compared to diluted earnings per share from continuing operations of USD 0.34 a year ago.
Quad/Graphics, Inc. is a marketing experience company. The Company's segments include the United States Print and Related Services and International. The United States Print and Related Services segment consists of its United States printing operations and is managed as one integrated platform. This includes print execution and logistics for retail inserts, catalogs, long-run publications, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products, along with global paper procurement, and marketing and other complementary services, such as data intelligence and analytics, technology solutions, media planning, placement and optimization, creative strategy and content creation. The International segment consists of its printing operations in Europe and Latin America, including operations in England, France, Germany, Poland, Colombia, Mexico and Peru.
QUAD/GRAPHICS, INC. 
