Q1 2020 RR Donnelley & Sons Co Earnings Call

If you own shares in R. R. Donnelley & Sons Company (NYSE:RRD) then it's worth thinking about how it contributes to...

R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today introduced its latest solution to help customers achieve their business goals and boost productivity: RRD CATCH. This customizable managed service offering is designed to help enterprises reallocate time-consuming tasks — including research, analysis, transcription, travel and expense management, presentation design, appointment scheduling and more — so in-house knowledge workers can focus on higher-level strategic work.

Moody's Investors Service ("Moody's") affirmed R.R. Donnelley & Sons Company's (RRD) B2 corporate family rating (CFR), B2-PD probability of default rating, B1 rating on its senior secured term loan B, and B3 ratings on its senior unsecured notes and debentures, and changed the outlook to negative from stable. The speculative grade liquidity rating was maintained at SGL-3. "The outlook was changed to negative to reflect expectations for continuing commercial printing industry pressures on the company's revenue and EBITDA in the next 12 to 18 months", said Peter Adu, Moody's Vice President and Senior Analyst.

R.R. Donnelley & Sons Company ("RRD" or the "Company") (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today announced a series of actions to protect employees, meet client commitments, and preserve financial flexibility in response to the COVID-19 crisis.

R.R. Donnelley & Sons Company (NYSE:RRD) ("RRD" or the "Company") announced today that it will report first quarter results after the close of business on Tuesday, April 28, 2020 and host a conference call and audio-only webcast on Wednesday, April 29, 2020 at 11:00 am Eastern time. The full earnings release and a slide presentation will be available on the Investors section of the RRD website at www.rrd.com, or by clicking this link.

R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today introduced an integrated, comprehensive product launch solution for pharmaceutical companies that accelerates the time-to-market for life-saving drugs while overcoming the challenges of a highly regulated industry.

Joining me on today's call are Dan Knotts, RRD's President and Chief Executive Officer; and Terry Peterson, our Chief Financial Officer. Any references to non-GAAP financial measures are reconciled to the comparable GAAP financial measures in the Investors section of our website as a part of our press release.

R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today announced the appointment of Lisa Pruett to President of RRD Packaging Solutions.

R. R. Donnelley & Sons Company (NYSE: RRD) ("RRD" or the "Company") is pleased to announce that it has entered into privately negotiated agreements with the largest holder of its outstanding senior notes (the "Seller") to effect a series of refinancing transactions that address a significant portion of the Company’s 2023 and 2024 debt maturities.

R.R. Donnelley & Sons Company (NYSE: RRD) ("RRD" or the "Company") today announced that it has commenced offers to exchange (the "Exchange Offers") up to $300 million aggregate principal amount of newly issued 8.250% senior notes maturing on July 1, 2027 (the "New Notes") for outstanding notes of the series listed in the table below (together, the "Old Notes").

R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today shared the impact of COVID-19 on the marketing industry and considerations for marketers in the months ahead. RRD, which was recently ranked at 7 in the U.S. Ad Age Agency Report, drew these insights from its work with 85% of the Fortune 500 on everything from direct marketing campaigns and creative execution to retail solutions and data and analytics services.

CHICAGO--(BUSINESS WIRE)--R.R. Donnelley & Sons Company (NYSE:RRD) (“RRD” or the “Company”) announced today that, due to the public health impact of the coronavirus outbreak (COVID-19), the location of the Company’s upcoming 2020 Annual Meeting of Stockholders (the “Annual Meeting”) has been changed and will now be held in a virtual only meeting format accessible at http://viewproxy.com/RRDonnelley/2020/vm.

A host of new companies in recent days filed notices with the state that they will lay off workers in the face of the Covid-19 pandemic.

As states around the country begin to reopen businesses and public places, R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, announced that it has shifted some of the production at its packaging facilities in Greensboro, N.C. and Reynosa, Mexico to create face shields1 for single-users to protect businesses and communities across the country. The company is currently able to produce approximately a million pieces per week by completely automating the production cycle.

R.R. Donnelley & Sons Company (NYSE: RRD) ("RRD" or the "Company") today reported financial results for the first quarter of 2020.

R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today announced that their Marketing Solutions group has been recognized in Ad Age’s 76th annual Agency Report, a ranking and analysis of the leading advertising and marketing-services agencies based on U.S. and worldwide revenue. This is the second year in a row that RRD has been named on the list, ranking amongst long-standing industry agencies such as WPP, Omnicom Group, Accenture, and Publicis Groupe.

R. R. Donnelley & Sons Company (NYSE: RRD) ("RRD" or the "Company") is pleased to announce that it successfully completed a series of previously disclosed privately negotiated refinancing transactions with the largest holder of its outstanding senior notes (the "Seller") that address a significant portion of the Company’s 2023 and 2024 debt maturities.

Moody's Investors Service, ("Moody's") assigned a B3 rating to R.R. Donnelley & Sons Company's (RRD) proposed $300 million senior unsecured exchange notes due in 2027. Moody's also assigned a B3 rating to the company's $297 million senior unsecured exchange notes due in 2029 that was issued in April 2020.

R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications, today launched QuickLetter by RRD, a faster, more seamless way for organizations to create and distribute business-critical printed mail communications to their customers.