Quad reports fourth quarter and full-year 2022 results
Results for the fourth quarter ended December 31, 2022, include: • Net Sales — Net Sales were $885 million in the fourth quarter of 2022, an increase of 4% compared to the same period in 2021. • Net Loss — Net Loss was $9 million in the fourth quarter of 2022, an improvement of $12 million compared to the fourth quarter of 2021, which had a Net Loss of $21 million. Results for the year ended December 31, 2022, include: • Net Sales — Net Sales were $3.2 billion in 2022, up 9% from the same period in 2021, or up 11% year-over-year excluding the impact of the QuadExpress divestiture. • Net Earnings — Net Earnings were $9 million in 2022 as compared to Net Earnings of $38 million in 2021.