Filing Analysis
Quad/Graphics, Inc. filed an 8-K to announce an investor presentation scheduled for November 20, 2024. The presentation will be led by the CEO and CFO and is intended to provide updates to analysts and investors.
📋 Key Facts
- Investor presentation scheduled for November 20, 2024, at 8:30 a.m. ET in New York City.
- Presenters include Joel Quadracci (Chairman, President and CEO) and Anthony Staniak (CFO).
- The presentation will be webcast via the company's investor relations website.
- Information provided under Item 7.01 is furnished but not considered 'filed' for purposes of Section 18 of the Exchange Act.
Quad/Graphics, Inc. filed an 8-K to announce its third quarter financial results for the period ended September 30, 2024. The filing serves as a formal mechanism to furnish the quarterly earnings press release to the SEC.
📋 Key Facts
- Report date: October 28, 2024
- Reporting period: Third quarter ended September 30, 2024
- The filing includes a press release as Exhibit 99.1 regarding financial results.
Quad/Graphics completed the ninth amendment to its Senior Secured Credit Facility on October 18, 2024. The amendment involves extending maturities for a significant portion of debt and adjusting interest rate margins and financial covenants.
🚩 Red Flags
- Increase in interest rate margin by 0.50% for extended debt.
- Modification of financial and operational covenants, which often indicates a negotiation to provide the borrower more breathing room due to liquidity or performance concerns.
📋 Key Facts
- Completed the ninth amendment to the April 28, 2014 Senior Secured Credit Facility on October 18, 2024.
- Reduced aggregate revolving credit facility from $342.5 million to $324.6 million.
- Extended maturity of $306.9 million of the revolving credit facility to October 18, 2029.
- Extended maturity of $351.3 million of the term loan facility to October 18, 2029.
- Increased interest rate margin by 0.50% for loans maturing on the Extended Maturity Date.
- Modified quarterly financial covenants: Total Leverage Ratio capped at 3.50x and Senior Secured Leverage Ratio capped at 3.00x (rolling basis).
Quad/Graphics, Inc. filed an 8-K to announce its second quarter financial results for the period ended June 30, 2024.
📋 Key Facts
- The filing was made on July 30, 2024.
- The report pertains to the second quarter ended June 30, 2024.
- Financial results were released via a press release furnished as Exhibit 99.1.
Quad/Graphics, Inc. held its 2024 annual meeting of shareholders on May 22, 2024. The filing reports the successful election of ten directors to the Company's Board of Directors for a one-year term.
📋 Key Facts
- Annual Meeting held on May 22, 2024.
- Ten directors were elected: Douglas P. Buth, Beth-Ann Eason, Dr. Kathryn Quadracci Flores, John C. Fowler, Stephen M. Fuller, Christopher B. Harned, Melanie A. Huet, J. Joel Quadracci, Jay O. Rothman, and John S. Shiely.
- Approximately 89.77% of all votes were represented in person or by proxy.
- Class A common stock outstanding/eligible to vote: 37,841,559 shares; Class B common stock outstanding/eligible to vote: 13,261,983 shares.
Quad/Graphics, Inc. filed an 8-K to announce its financial results for the first quarter ended March 31, 2024. The filing serves as a formal announcement of quarterly earnings via a press release.
📋 Key Facts
- Report date: April 30, 2024
- Reporting period: First quarter ended March 31, 2024
- The company furnished Exhibit 99.1 containing the earnings press release.
Quad/Graphics, Inc. filed an 8-K to announce its financial results for the fourth quarter and full fiscal year ended December 31, 2023.
📋 Key Facts
- Report date: February 20, 2024
- Reporting period: Fourth quarter and year ended December 31, 2023
- The filing serves to furnish the company's press release regarding financial results (Exhibit 99.1)