{"schema_version":"secwatch.filing_event.v1","accession":"0001481792-24-000040","form_type":"8-K","ticker":"QUAD","cik":"0001481792","company_name":"Quad/Graphics, Inc.","filed_at":"2024-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.557402+00:00","generated_at":"2026-05-30T09:07:29.570692+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Quad Q3 net sales $675M (-4% YoY); adj. EBITDA $59M up from $57M; guides FY leverage to ~1.5x","bullets":["Net loss of $25M ($0.52 loss per share) vs loss of $3M in Q3 2023 on higher impairment charges.","Adjusted diluted EPS of $0.26 vs $0.11 YoY; Adjusted EBITDA margin up 54bps to 8.7%.","Agreed to sell majority of European ops to Capmont for €41M (~$45M enterprise value); expects to close by year-end.","Updated FY2024 guidance: net sales decline ~9% (previous 5-9% decline); adj. EBITDA $215-235M; FCF $50-70M unchanged.","Year-end net debt leverage expected ~1.5x (down from ~1.8x); $690M bank debt amended to Oct 2029."],"urls":{"canonical":"https://secwatch.observer/filing/0001481792-24-000040","json":"https://secwatch.observer/filing/0001481792-24-000040.json","markdown":"https://secwatch.observer/filing/0001481792-24-000040.md","text":"https://secwatch.observer/filing/0001481792-24-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1481792/000148179224000040/0001481792-24-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1481792/000148179224000040/quad-20241028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:07:29.570692+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}