Quad/Graphics gains on Q4 swing to profit

Quad/Graphics

19/02/2020 16:27

** Shares of printing company  QUAD.N  rise 18.6% to a near
four-month high of $6.03; set for best day in six months
    ** Posts Q4 profit of 15 cents/shr vs loss of 42 cents/shr a
year ago
    ** Total operating expenses drops 7.3% in the qtr
    ** CFO Dave Honan says cost savings target doubled to $100
mln, to be fully realized in 2020  urn:newsml:reuters.com:*:nBw3Mnpzca
    ** Stock up 28% so far in 2020

 (Reporting by C Nivedita in Bengaluru)
 ((C.Nivedita@thomsonreuters.com))