Moore Announces Acquisition of Communications Corporation of America (piworld.com)

*Increased Net Sales 3% in the first quarter of 2023 compared to the first quarter of 2022, primarily due to higher print product sales in the United States and in Mexico, and also increased Agency Solutions sales as clients continue to embrace Quad’s unique integrated marketing offering. *Reported Net Loss of $25 million compared to Net Loss of $1 million in the first quarter of 2022, while growing Adjusted EBITDA by $11 million or 24% to $60 million in the first quarter of 2023, compared to Adjusted EBITDA of $49 million in the first quarter of 2022. *Increased capital expenditures to fortify investments in innovations that enhance the Company’s integrated marketing offering and drive profitable, long-term growth. *Returned value to shareholders by repurchasing over 5% of our total outstanding common stock since the second quarter of 2022 for $10.3 million.

SG360°, an industry-leading provider of performance-driven direct marketing solutions, announced that effective immediately, James (Jim) Andersen has been appointed Interim CEO of SG360° in the wake of the death of the previous CEO, John A. Wallace, Jr. on January 4, 2022. Mr. Andersen has extensive and successful decades of direct marketing experience and has been a member of the SG360° Board of Directors since October of 2021. “We are fortunate to have Jim on our board and that he’s in a position to step in to fill this crucial, temporary role while we search for a permanent successor to John,” said Willie Woods, President of ICV Partners, LLC. “Jim’s close working relationship with John over the last three months will serve the company well as we focus on continuing the execution of the innovation-driven growth strategy that John had begun.”

The installation of new presses at two of Sheridan’s book printing locations this summer are the latest in a series of continued equipment investments made by parent company CJK Group. Sheridan’s Chelsea, MI facility installed a new Heidelberg XL106-8 P press which began producing live work in June. With speeds up to 18,000 impressions per hour, this press features 8 units that print 4-color over 4-color in a single pass along with auto-color scanning and ink control to improve color consistency throughout the print run. Notably, the Prinect Workflow technology used with this press enables it to move automatically from job to job – changing plates and washing blankets on the fly, which significantly shortens make-ready times and increases productivity. An increase in productivity and color consistency was also brought to Sheridan’s Wisconsin facility with the July arrival of a HP Indigo 12000 digital press. The high throughput of the Indigo press for both single-and double-sided printing will provide needed capacity for quick turnarounds for short-run perfect bind and mechanical bind customers served by Sheridan Wisconsin.