RRD Reports Fourth Quarter and Full Year 2022 Results
Full Year Key messages: GAAP net sales, including the impact of foreign exchange, increased $403 million or 8.1%; GAAP net income from continuing operations was up $153 million versus the prior year period. Net sales in the fourth quarter were $1.39 billion, up $8.0 million or 0.6% from the fourth quarter of 2021. Income from operations was $229.2 million in the fourth quarter of 2022 compared to $41.0 million in the fourth quarter of 2021. Net income from continuing operations was $130.9 million in the fourth quarter of 2022 compared to a net loss from continuing operations of $9.8 million reported in the fourth quarter of 2021.