Brief: Quad Reports Qtrly Earnings Per Share $0.15

Quad/Graphics

18/02/2020 22:56

Feb 18 (Reuters) - Quad/Graphics Inc  QUAD.N :
    * QUAD REPORTS FOURTH QUARTER AND FULL-YEAR 2019 RESULTS
    * QUAD/GRAPHICS INC QTRLY EARNINGS PER SHARE $0.15
    * QUAD/GRAPHICS INC QTRLY REVENUE $1,069.9 MILLION VERSUS
$1,124.9
MILLION
    * QUAD/GRAPHICS INC SEES 2020 NET SALES $3.5 BILLION TO $3.7
BILLION
    * QUAD/GRAPHICS INC SEES 2020 FREE CASH FLOW $100 MILLION TO
$130
MILLION
    * QUAD/GRAPHICS - DOUBLED PREVIOUSLY ANNOUNCED $50 MILLION
COST
REDUCTION PROGRAM TO $100 MILLION, EXPECT TO FULLY REALIZE IN
2020
    * QUAD/GRAPHICS INC SEES 2020 ADJUSTED EBITDA $285 MILLION
TO $315
MILLION
    * QUAD/GRAPHICS INC QTRLY ORGANIC SALES DECLINED 5.9% DURING
QUARTER, AFTER EXCLUDING SALES RELATED TO JANUARY 2019
ACQUISITION OF PERISCOPE

Source text for Eikon:  ID:nBw3Mnpzca 
Further company coverage:  QUAD.N 

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