QuadGraphics Inc

For the period ended Sep 30, 2024. Filed Oct 30, 2024.

About this filing

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.

Sep 30, 2024 · Filed Oct 30, 2024

QUAD$7.40-0.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in millions, except per share data)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Net sales
Products	$529.8	$547.0	$1,534.6	$1,714.8
Services	145.0	153.2	429.2	455.0
Total net sales	674.8	700.2	1,963.8	2,169.8
Cost of sales
Products	439.0	464.7	1,273.6	1,457.4
Services	88.6	96.1	269.2	290.7
Total cost of sales	527.6	560.8	1,542.8	1,748.1
Operating expenses
Selling, general and administrative expenses	88.4	82.5	260.2	255.0
Depreciation and amortization	24.4	32.0	79.4	97.7
Restructuring, impairment and transaction-related charges, net	39.3	11.2	81.9	46.8
Total operating expenses	679.7	686.5	1,964.3	2,147.6
Operating income (loss)	(4.9)	13.7	(0.5)	22.2
Interest expense	17.0	17.7	49.4	51.0
Net pension income	(0.2)	(0.5)	(0.6)	(1.3)
Loss before income taxes	(21.7)	(3.5)	(49.3)	(27.5)
Income tax expense (benefit)	3.0	(0.8)	6.3	5.9
Net loss	$(24.7)	$(2.7)	$(55.6)	$(33.4)
Loss per share
Basic and diluted	$(0.52)	$(0.06)	$(1.17)	$(0.68)
Weighted average number of common shares outstanding
Basic and diluted	47.8	48.0	47.6	48.8

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.