Quad Graphics, Inc (QUAD) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Quartz's second quarter 2025 conference call. During today's call, all participants will be in listen only mode. Should you need assistance at any time, please signal a conference specialist by pressing the star keys followed by 0. A flyer presentation accompanies today's webcast, and participants are invited to follow along, advancing the strides themselves. To access the webcast, follow the instructions posted in the early release. Alternatively, you can access a flyer presentation on the Investor section of Quartz's website under the Events and Presentations link. After today's presentation, there will be an opportunity to ask questions. To ask a question, please press star, then 1. To withdraw a question, please press star, then 2. Please note, this event is not recorded. I will now turn the conference call over to Katie Kershbock, Quartz Senior Manager of Invest Relations. Katie, please go ahead. Thank you, operator, and good morning, everyone. With me today are Joel Quargauchi, Quartz Chairman, President, and Chief Executive Officer, and Tony Stanmick, Quartz Chief Financial Officer. Joel will lead today's call with a business update, and Tony will follow with a summary of Quartz's second quarter and -to-date financial results, followed by Q&A. I would like to remind everyone that this call is being webcast, and forward-looking statements are subject to safe Harvard provisions, as outlined in our quarterly news release and in today's slide presentation on slide 2. Quartz financial results are prepared in accordance with generally accepted accounting principles. However, this presentation also contains non-debt financial measures, including adjusted EBITDA margin, adjusted diluted earnings per share, free cash flow, net debt, and debt...