Business Management - Finance/Financial
Confidence and quote activity have turned sharply higher, according to the first-quarter 2021 Print Business Indicators Survey.
The reason for the higher revenue and the effect on EBIT is the adjustment to the group’s internal revenue recognition policy.
On this episode of The Week that Was, Quad and RRD released Q4 and FY20 financial reports; American Litho installed an HP PageWide Web Press T250 HD; DS Graphics/Universal Wilde installed a Canon ProStream 1800; PCI Group President Chris Kropac, Jr. talks transactional print; and the next Print Business Indicators report is out now.
Quad/Graphics reported its financial results for its fourth quarter and full year ending December 31, 2020.
“We delivered a strong fourth quarter to finish an extraordinary year,” said Dan Knotts, RR Donnelley president and CEO.
Bradford & Bigelow placed among the top 100 list in the 2020 Printing Impressions 350 and ranked No. 1 among the top ten book printers.
On this episode of The Week that Was, Mittera acquired the assets of Trend Offset Printing; LSC will close its Spartanburg, S.C., facility; Xerox announced its most recent financials; and EFI CEO Jeff Jacobson talks EFI Engage virtual users conference and more.
Xerox plans to create separate software, financing, and innovation businesses, as well as launch a $250 million corporate venture.
Overall, the U.S. Government Publishing Office lost $14.3 million on $915.9 million in revenue.