{"schema_version":"secwatch.filing_event.v1","accession":"0001481792-25-000002","form_type":"8-K","ticker":"QUAD","cik":"0001481792","company_name":"Quad/Graphics, Inc.","filed_at":"2025-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.746344+00:00","generated_at":"2026-05-26T15:57:26.416609+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/Graphics FY2024 net loss $51M; sales down 9.7%; raises dividend 50%, guides FY2025 Adj EBITDA $180-220M","bullets":["Net sales $2.7B (-9.7% YoY); net loss $51M vs $55M loss in 2023; adj. diluted EPS $0.85 vs $0.52.","Reduced net debt to $350M (leverage 1.6x) from $470M (2.0x); free cash flow $56M.","Quarterly dividend increased 50% to $0.075/share; payable Mar 14, 2025 to holders of record Feb 28.","FY2025 guidance (ex-Europe): organic sales decline 2%-6%, Adj EBITDA $180M-$220M, leverage target ~1.5x.","European operations sale to Capmont expected to close early 2025; 2024 Europe net sales $153M excluded from guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001481792-25-000002","json":"https://secwatch.observer/filing/0001481792-25-000002.json","markdown":"https://secwatch.observer/filing/0001481792-25-000002.md","text":"https://secwatch.observer/filing/0001481792-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1481792/000148179225000002/0001481792-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1481792/000148179225000002/quad-20250218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T15:57:26.416609+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"}