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2019-10-30 09:24
SUSSEX, Wis. (AP) _ Quad/Graphics Inc. (QUAD) on Tuesday reported a third-quarter loss of $126.5 million, after reporting a profit in the same period a year earlier.
The Sussex, Wisconsin-based company said it had a loss of $2.52 per share. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The printing company posted revenue of $943.6 million in the period.
Quad/Graphics expects full-year revenue of $3.9 billion.
Quad/Graphics shares have fallen 8.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.27, a drop of 36% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QUAD at https://www.zacks.com/ap/QUADCopyright 2019, Associated Press, The