Business Management - Finance/Financial
Nonprofit companies that make the move to digital marketing without understand why don’t always reap the benefits of moving to digital.
He brings more than 30 years of experience in global industrial manufacturing and service companies, as well as packaging and printing.
Second quarter results include a 7.7% decrease in net sales, plans to close a Calif. facility, and an amended credit agreement.
The company expects to make up for the reluctance to invest during the first quarter with a boost in orders during the second quarter.
“This quarter we delivered improvements in EPS, adjusted operating margin and free cash flow,” CEO John Visentin says.
Despite a Q2 net loss, Quad CEO Joel Quadracci says the company remains on track to achieve it full-year 2019 financial guidance.
RR Donnelley’s report provides financial highlights from Q2 and highlights that gross debt was down $134M from the previous year.
Xerox received all required regulatory approvals and the transaction is expected to close on July 31, 2019.