QuadGraphics Inc
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
QUAD$7.40-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net sales | ||
| Products | $507.2 | $607.9 |
| Services | 147.6 | 158.6 |
| Total net sales | 654.8 | 766.5 |
| Cost of sales | ||
| Products | 426.5 | 516.1 |
| Services | 94.8 | 101.4 |
| Total cost of sales | 521.3 | 617.5 |
| Operating expenses | ||
| Selling, general and administrative expenses | 83.1 | 89.2 |
| Depreciation and amortization | 28.6 | 33.7 |
| Restructuring, impairment and transaction-related charges | 32.5 | 26.0 |
| Total operating expenses | 665.5 | 766.4 |
| Operating income (loss) | (10.7) | 0.1 |
| Interest expense | 15.2 | 16.3 |
| Net pension income | (0.2) | (0.4) |
| Loss before income taxes | (25.7) | (15.8) |
| Income tax expense | 2.4 | 8.8 |
| Net loss | $(28.1) | $(24.6) |
| Loss per share | ||
| Basic and diluted | $(0.60) | $(0.50) |
| Weighted average number of common shares outstanding | ||
| Basic and diluted | 47.2 | 49.2 |
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