Clearwater Paper (CLW) Tops Q3 EPS by 21c
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Clearwater Paper Reports Third Quarter 2020 Results
November 3, 2020 4:05 PM ESTSPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and first nine months of 2020.
THIRD QUARTER HIGHLIGHTS
Delivered strong performance due to elevated demand for tissue products, steady demand for paperboard, and solid operational execution Net income of $21 million, or $1.28 per diluted share and Adjusted EBITDA of $77 million Net debt reduction of over $40 million and refinancing of 2023 notes with new 2028... More