Quad/Graphics, Inc. announced that its board of directors approved a quarterly dividend of $0.30 per share payable on June 21, 2013, to shareholders of record as of June 10, 2013.

Quad/Graphics, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s net sales were $1.1 billion versus $990 million for the same period in 2012. Net sales represent a 14% increase due to the acquisition of Vertis. Adjusted EBITDA was $114 million compared to $126 million for the same period in 2012, and Adjusted EBITDA margin was 10.1% compared to 12.7% for the same period in 2012. Recurring free cash flow was $120 million versus $107 million for the same period in 2012. Operating loss from continuing operations was $0.9 million compared to operating income from continuing operations of $1.9 million a year ago. Loss from continuing operations before income taxes and equity in earnings of unconsolidated entities was $22.8 million compared to $19.5 million a year ago. Loss from continuing operations before equity in earnings of unconsolidated entities was $14.3 million compared to earnings from continuing operations before equity in earnings of unconsolidated entities of $14.3 million. Net loss from continuing operations was $14.1 million or $0.31 per basic and diluted share, compared to net earnings from continuing operations of $15.4 million or $0.33 per basic and diluted share, a year ago. Net loss attributable to the company was $14.0 million or $0.31 per basic and diluted share, compared to net earnings attributable to the company of $47.4 million or $1.01 per basic and diluted share, a year ago. Net cash provided by operating activities was $121.4 million compared to $110.6 million a year ago. Purchases of property, plant and equipment were $28.3 million compared to $21.6 million a year ago. Adjusted EBITDA from continuing operations (non-GAAP) was $114.1 million compared to $125.7 million a year ago. The company reported impairment charges of $3.7 million for the first quarter of 2013, compared to $8.4 million a year ago. The company reaffirmed its 2013 guidance of approximately $4.8 billion to $5 billion in revenues; $580 million to $610 million in adjusted EBITDA; and recurring free cash flow in excess of $360 million.

Quad/Graphics, Inc. Presents at Benchmark Company, LLC One-on-One Investor Conference, May-30-2013 . Venue: The Pfister Hotel, 424 E. Wisconsin Avenue, Milwaukee, Wisconsin, United States.

Quad/Graphics, Inc. announced that they will report Q1, 2013 results at 10:29 PM, GMT Standard Time on May 08, 2013

Quad/Graphics, Inc., Q1 2013 Earnings Call, May 08, 2013