Industry News, Printers News

Quad Reports 3Q, Year-to-Date 2024 Results

Updates full-year 2024 financial guidance, including reducing anticipated year-end net debt leverage from approximately 1.8x to 1.5x.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Quad/Graphics, Inc. reported results for the third quarter ended Sept. 30, 2024. Recent highlights included: • Recognized net sales of $675 million in the third quarter of 2024 compared to $700 million in 2023, and realized net loss of $25 million or $0.52 Diluted Loss Per Share for the third quarter of 2024. • Achieved non-GAAP adjusted EBITDA of $59 million in the third quarter of 2024, increased from $57 million in the third quarter of 2023. • Increased adjusted EBITDA margin by 54 basis ...

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