On July 31, printer Quad reported Q2 sales of $1 billion, down from $1.02 in last year’s period, despite being boosted by the company’s acquisition of Periscope. Adjusted EBITDA was down to $75.3 million, from $89.6 million, right in the middle of guidance. For the half year, sales were up slightly, to $2 billion from $1.98 billion; adjusted EBITDA was $145.2 million, down from $200.1 million. (The company doesn’t break out numbers specific to its book publishing, a very small segment of the overall business.) Nevertheless, the stock surged on the news that loss per share was $0.09, down from […]
