Veritiv (VRTV) Tops Q1 EPS by $1.20, Revenues Beat
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Veritiv Announces First Quarter 2020 Financial Results
May 6, 2020 8:00 AM EDTATLANTA, May 6, 2020 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a North American leader in business-to-business distribution solutions, today announced financial results for the first quarter ended March 31, 2020.
"Our consolidated first quarter 2020 results were highlighted by a significant improvement in Adjusted EBITDA and free cash flow as our Optimization program led to improved margins, a reduction in our overall cost structure, and more effective working capital management," said Mary Laschinger, Chairman and CEO of Veritiv Corporation. "As an essential business operating in this challenging environment, we will continue to prioritize... More
