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Penumbra, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

  • Quad/Graphics, Inc. Reported a net loss of $51 million in 2024, an improvement from a net loss of $55 million in 2023, indicating progress in financial performance despite ongoing challenges.
  • Quad increased its quarterly dividend by 50% from $0.05 per share to $0.075 per share, with the dividend payable on March 14, 2025, to shareholders of record by February 28, 2025.
  • In 2024, Quad reduced its net debt to $350 million and achieved a net debt leverage of 1.6x, representing a 66% reduction over the past five years as part of its debt reduction strategy.
  • Quad anticipates a continued focus on strategic investments, aiming to lower net debt leverage to approximately 1.5x in 2025, amid projected declines in annual net sales by 2% to 6%.
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channelchek.com broke the news in on Tuesday, February 18, 2025.
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