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Recorded 2Q net sales of $1.0 billion and a GAAP net loss of $8 million, which represents an 83% improvement from 2015.
August 2, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Quad/Graphics, Inc. reported results for its second quarter ending June 30, 2016. Net sales for the second quarter 2016 were $1.0 billion, a 3% decrease from second quarter 2015 due to ongoing industry volume and pricing pressures. Despite lower sales, the $8 million second quarter GAAP net loss represented a $37 million, or 83%, improvement in earnings versus 2015 due to better operating performance from ongoing improvements in manufacturing productivity and labor management, sustainable co...
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