With financial everyone summary business Thank accordance X. results release will news subject outlined today’s being me a Chairman, financial Quad's generally you, follow lead Quad's forward-looking and Officer; Vice followed off Quad's to Executive by update call as with quarter Q&A. I will prepared XXXX Dave accounting principles. Slide accepted Chief good quarterly with are that webcast and Financial results President operator, morning, would and President are like today in statements to Joel Chief and Quadracci, second and remind Dave are of provisions our is Safe today's Quad's Honan, Harbor this Executive a slide in call in and with on everyone. Officer. and Joel presentation
However, contains non-GAAP debt including free EBITDA measures, this presentation adjusted cash and ratio. leverage also adjusted margins, flow EBITDA, financial
the presentation We in financial measures. slide GAAP included reconciliations non-GAAP of measures have to these financial
a the will available quad.com call good everyone. to slide the Thank Katie, call the Quadracci be you, I of replay call and shortly morning Investor hand presentation Section concludes our over the of on after today. Finally, now and will Joel. Joel
and our to second team's and crisis Our of pandemic. the the to business as COVID-XX our strong aggressively quarter performance effectively such was ability resiliency and respond reflects
improvements higher quarter positive margins to down also cash we generated client continued cost pay a balance health proactively by to in basis a match driving and and realigning debt. profit volumes, achieved of the structure address year-to-date Notably, our continue lower and the We protecting flow sheet. while for to on demand continued productivity reduction our significant
on clients ensuring maintaining X. employees, the on-time continuity to of wellbeing pandemic. the business financial focus our Throughout for long-term plans health we health carried providing the the and Turning our With the to response of in a and Slide quarter, high-quality out our company. delivery
As support very short you to administrative within will timeframe, social home employees quarter, we X,XXX work distancing. first to from the recall, shifted a in
continue from it feel will is until our for policy employees. home We work we all safe
employees, cleaning includes on For common our daily social production we in program, areas. mask-wearing manufacturing who Work and and our work protocols equipment workstations, which checks, to Safe sanitizing and facilities, procedures temperature distancing for continue and at our focus for
inside how work. includes Our healthy, program both around outside and stay education also and of frequent ongoing to employee communications
understand continues and cases can workforce. Our rapid virus manage low has of real responsible reporting daily of dedicated work and self-quarantine, impacted team the number throughout performing COVID-XX response settings. the at all primarily of impact of not confirmed To-date, our COVID-XX positive remains social cases operations. suspected relatively is and on to the so we believe time coronavirus outside transmission metrics, the tracing transitioning impacted We happening company, employees is confirmed negatively out Quad to our monitor rigorous contact for and and of and
to protect financial continued to the actions We long-term also take health. company's
drive economy. actions During to as balance quarter, health protect liquidity. categories to of the costs product productivity reacted sheet decline of the significant the saw to first cash customers of and much took aggressive rapid in quarter, our improvements we we our preserve volume the closure to and certain reduce flow Similar and the
annualized $XXX achieved of million the and first that to Within we the pandemic, in savings savings increased weeks $XXX million cost three overtime.
industry our costs deep and all to We is experience economic disruptions, managing act and including are our thanks variable. treat successfully, a to aggressively approach able long-standing through for almost
platform print well take and and provides expansion continued to advantage home believe, through the we segment goods look us opportunities will into our contracts position million We on we of tools, include further future, print brand of to exit growth. from of retailer. long-term that to subsequently the multiyear offset share strength will marketers recently pandemic higher to strategy declines poised cash focus return X.X services. Quad and than organic driving multi the value Throughout over the a COVID-XX products combined several two large These terms. our value required contract as and more we creating the multinational be margin As talent secured generate with catalog grow the a and to right as with $XXX revenue pandemic, have contracts
print expect We on financial thanks our investment quality ongoing to stability, time platform. and dependable performance, the near-term in share operational our high to segment continue to in grow our
the campaigns deliver We them further X. July also previously focus and investing and business our talented have and the announced Quad as talent Kentucky clients first have to and effectively. for new step process. technology include our advance to sale marketing the book opportunities, divest On executional strategic their areas solutions in help and our found team strategic to company in drive on partner Slide generating Versailles Versailles our professionalism These innovating the our more very X, business. to manufacturing to transformation the book and of our We're a maintaining great throughout to outlined happy build continued thank solutions for in facility a on efficiently product focus TJK home greatest in expand that requirements the integrated portfolio by we decision content simplify completed to Group, to offerings, revenue new optimizing our
agency the sale addition a results Minneapolis folding our agency heavy integrated in focus president. to progress team intensify have offerings, service communities. the brings Periscope Periscope pleased creating forward strategy. experience, duty senior a further we to clients we as third that minded sold personalized Coast across and strengthened at within potential marketing several last data in leader, marketing mediums as our recently is and the her look help programs creative integrated Omaha of business will as to to measurable important packaging customer more we Business Transpac wood insights virtual and our I'm multiple growth experts and make our XX-months, to achieve online experience party remaining She on deep to team, to of help footprints, part based Quad area and I'm with of reminder, strengthened expanding our accelerated on X.X interpret to Perry impact cultures including insights our industrial measure divested Bucci-Hulings continue our direct an plants A pleased two oriented, share strong mail also our who and our has the We platform Cari We share key that perspective. to and quad their store, building is energy fresh level results. platform. leadership of testing adding also focus East data catalog. marketing of recently effective, analytics carbon clients
As market result as clients go to they pandemic. how rethink a of the
and the approximately people. marketing retailer listening evolved We the production have at its range services channels. and other evolving performance. efficiencies services, strategic front client variable partner we how increased a iteration fixed most planning We client presence all These client's basis, page of engagement Slide origination, marketplace its and fastest to of have including grow needs. We've have years and sites sorry into in years. campaign company, headcount, limited onsets Several our XX-month leader we within helping photography future reducing media onsite we changed national are with our by current for but an the the copywriting, of supported across of our for XX% been market home onsite supplies our while clients which creation animal show successful inserts, more employing and our improve marketing videography, farm On XX content Quad now On existing finger and speed to and manage workflows. established on content a an largest size are XX than found in require weekly we to client's client more on buying creation an sites improve project content yard, among a provide XXX The management, X. greater attractive and trailing We number their U.S. onsite I'm market growing needs. this campaign will nearly of to and for looking re-engineer to of our successfully than and sites example wide service a observing printing of and engagement teams, across nimble and ago, costs. and finger is expertise our center perception by to market them that more way for mix to, for our the revenue partnership not on and base. of own
As the talent digital company providing digital its e-commerce to for efforts, design its onsite copywriting site support marketing, we graphic marketing. have has been expanded and and there
value high-end end-to-end market-changing and process marketing to of of through and truly end-to-end on of and at integrated growth packaging Earlier of our audience power pre-media client retailer as well believe services overall or with example segmentation, Quad's from introduced packaging our We logistics services to packaging this pair suppliers, we offering We because a client our design, our complimented pre-media, solving logistics packaging as and year, parts. packaging are our onsite how to shows X. global worldwide. award its an includes expert Slide Quad's continues this expect On execute network solutions to our it -- expand strategy. We unique as another using we it's which production, integrate plants solutions. the printing requirements national own all aftermarket challenges executed a through by marketing solutions, client's sophisticated winning seamlessly is
for and the brands. for to and like started After determine around how audit packaging client with its about strategic engaged marketing resources and more engagement brands grand in way performing the the others workflow Our learning marketplace. a management retailer for paved own label Quad's the packaging, us a quality private against for matter quickly many subject expertise, are brand own audit consistency that conversations with deep
to ensure and begin services the world. various we The had has to around also us product global performed by packaging asked had print adaptive and providing previous management, will Soon, on-time printers design inconsistently that consistency been quality production. and all oversee client previously
MyMove offering this we Slide subsidiary our and we We X. kits, help helped Recently, sales to platform personalization On This effective audiences As kind with Red Quad senior placements moved. partnership marketing totally print reinvent we customization. client's in-store plan its with from of After dollar grocers, consolidated personalization. which in just created MyMove future. a to recently our providers, data have non-print our Quad new lays MyMove, an who a to processes of exclusive brands of Quad, tens mover example innovation, mailings state-of-the-art the Ventures its in-depth customers to technology an creation technology to first create and welcome that of daily of and and telecom printed empowers only and people loyalty content advanced grow on DXC showed our thousands for platform included of that leaders, to it awarding precise multimillion a visual program, services. when also introduce turns with home highly connect higher a management MyMove manages to advertisers create but of digital for us client, advertising retailers, five-year to solutions. our process, to merchandising, not for experiences solutions versioning delivery MyMove press products, we contract. wanted key an Because solutions channels platform. of it the input its all in its these the services offers level data discovery foundation solution
has Our was solutions consistent the insights, current Quad testing, by MyMove the for quality solutions, and MyMove on to the constraints was we're Ken optimization, was looking with time key us business Pecca, including In the Quad. Print virtual the MyMove securing vendor Operations only leaned innovation. fresh backed loves process only your Quad Thank that to on to this digital changed solve in workflow other site execution. go-to-market innovate providing the and marketing oriented words and vendor Innovation Director, ability you, stage. and solutions that engaged agreement. accelerated of was high tools thinking, services. proactively now creative
other printers can you Quad these agencies. see, through from strategy examples or clients, X.X marketing As us differentiates and
relationships made marketing process at we to anticipate on all solutions improving are it Because problems. We And our complexity challenges. and spend client priority build a and clients better have effectiveness solve a focused always solving help our and we organization, costs, reduce levels and clients profitability. marketing understand can while within
more forward, products our move we to grow offer clients. offering to cohesively, integrate streamline services and As value even and will we the continue and and number we
and the and Before, want time. sacrifices all Slide call on tremendous efforts our turn of I to over recognize I X, and as during the to employees unprecedented this Dave, thank captured for
business. where we look financial employees priorities and we its We welcome persistent place Quad and all services their it To live place take resources workforce all, the As all adjust clients additional end, the this well procedures, feel as COVID-XX the in particularly the and our is career for focus accordingly continue are needs. us we the issues, selves of and that who over where closely their turn of we fair, heightened work, to will we to for of At people to the with that in racial equity achieve objectives. and our safe to resources inclusion want foundation in and and support and diversity, efforts. environment impact clients impartial, all just to truest workplace. keep our time Dave. goals. committed able pertains employees and time, and will all call we a on have and proactive to the we our as forward, be towards will clients people to reflects to build to injustice serving and things provide and monitor work Quad our awareness additional day, At steps worldwide processes, a economy same do a inequality, our about continue this broadcast the the social I'll safe and With open our employees are trust while we we every pandemic, change distribution that, communities on Ensure the Quad bring better for the can create best