Quad/Graphics, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 04:30 pm EDT
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Quad/Graphics, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 693.9 million compared to USD 584.5 million a year ago. Operating income was USD 48 million compared to operating loss of USD 2.8 million a year ago. Net income was USD 34.4 million compared to net loss of USD 23.5 million a year ago. For the half year, sales was USD 1,399.7 million compared to USD 1,407 million a year ago. Operating income was USD 69 million compared to USD 2.2 million a year ago. Net income was USD 44.6 million compared to net loss of USD 35.9 million a year ago.
Quad/Graphics, Inc. is a marketing experience company. The Company's segments include the United States Print and Related Services and International. The United States Print and Related Services segment consists of its United States printing operations and is managed as one integrated platform. This includes print execution and logistics for retail inserts, catalogs, long-run publications, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products, along with global paper procurement, and marketing and other complementary services, such as data intelligence and analytics, technology solutions, media planning, placement and optimization, creative strategy and content creation. The International segment consists of its printing operations in Europe and Latin America, including operations in England, France, Germany, Poland, Colombia, Mexico and Peru.