{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-046803","form_type":"8-K","ticker":"QUAD","cik":"0001481792","company_name":"Quad/Graphics, Inc.","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.499508+00:00","generated_at":"2026-05-17T01:55:11.364307+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Quad/Graphics Q3 net earnings $10M vs loss $25M; narrows FY25 guidance","bullets":["Net sales $588M (-13% YoY; -7% excluding European divestiture closed Feb 2025)","Net earnings $10M ($0.21 diluted EPS) vs net loss $25M ($0.52 loss) in Q3 2024","Adjusted EBITDA $53M (down from $59M); adjusted diluted EPS $0.31 (+19% YoY)","FY25 guidance narrowed: Adj. sales decline 3-5% (prev. 2-6%); Adj. EBITDA $190-200M; FCF $50-60M","Returned $19M YTD via dividends & buybacks; quarterly dividend $0.075/share payable Dec 5, 2025"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-046803","json":"https://secwatch.observer/filing/0001628280-25-046803.json","markdown":"https://secwatch.observer/filing/0001628280-25-046803.md","text":"https://secwatch.observer/filing/0001628280-25-046803.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1481792/000162828025046803/0001628280-25-046803-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1481792/000162828025046803/quad-20251028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:55:11.364307+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"}