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Achieved eight consecutive quarters of year-over-year growth as net sales increased 3% in the first quarter of 2023.
May 4, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Quad/Graphics, Inc. reported results for the first quarter ended March 31, 2023. Net sales were $767 million in the first quarter of 2023, an increase of 3% compared to the same period in 2022, despite the impact from the sale of the company’s Argentina print operations in December 2022. Net sales growth in the first quarter was primarily driven by higher print product sales in the US and in Mexico and also increased Agency Solutions sales. Reported net loss of $25 million compared to net ...
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