Quad/Graphics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 02, 2023 at 04:50 pm EDT
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Quad/Graphics, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 766.5 million compared to USD 744.2 million a year ago. Net loss was USD 24.6 million compared to USD 1 million a year ago.
Basic loss per share from continuing operations was USD 0.5 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.5 compared to USD 0.02 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.