Quad Reports Second Quarter and Year-to-Date 2019 Results
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Quad/Graphics (QUAD) Tops Q2 EPS by 8c, Revenues Beat
July 30, 2019 4:47 PM EDTQuad/Graphics (NYSE: QUAD) reported Q2 EPS of ($0.09), $0.08 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $1 billion versus the consensus estimate of $975 million.
Reported second quarter 2019 net sales of $1 billion and a net loss of $15 million, or $0.30 diluted loss per share.Achieved second quarter 2019 Non-GAAP Adjusted EBITDA of $75 million, within the Companys second quarter 2019 guidance range of $70 million to $80 million, and Non-GAAP Adjusted diluted loss per share of $0.09.Generated second quarter 2019 cash from operations of $75 million and Free Cash Flow of $51... More