Quad/Graphics (QUAD) Tops Q1 EPS by 39c
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Quad/Graphics Reports First Quarter 2016 Results
May 3, 2016 4:25 PM EDT
Adjusted EBITDA Increased to $120Â million and Free Cash Flow Increased
to $86Â million
First Quarter Highlights:
Delivered net sales of $1.0Â billion. Achieved Adjusted EBITDA of $120Â million, representing a $17Â million increase over prior year. Realized Adjusted EBITDA margin of 11.5% compared to 9.5% in 2015. Generated Free Cash Flow of $86Â million, representing a $64Â million increase over prior year. Improved Debt Leverage Ratio to 2.62x as of March 31, 2016, reduced from 2.88x as of December 31, 2015. Declared quarterly dividend of $0.30 per share.... More