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Narrows full-year 2025 financial guidance ranges for sales, adjusted EBITDA and cash flow.
October 29, 2025
By: David Savastano
Editor
Quad/Graphics, Inc. reports results for the third quarter ended Sept. 30, 2025. Net sales were $588 million in the third quarter of 2025, a decrease of 13% compared to the same period in 2024. Excluding the 6% impact of the divestiture of the company’s European operations, net sales declined 7%. The decline was primarily due to lower paper sales, lower print volumes, and lower logistics and agency solutions sales. Net earnings were $10 million, or $0.21 diluted earnings per share, in the t...
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