Catchmark Timber Trust (CTT) Reports Q4 Loss Per Share of $0.08
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CatchMark Announces Strong Full-Year 2015 Results: Revenues Up 27%, Adjusted EBITDA Increases 36%
March 7, 2016 4:14 PM ESTATLANTA, March 7, 2016 /PRNewswire/ -- Exceeding company guidance, CatchMark Timber Trust, Inc. (NYSE: CTT) announced today that continued gains from operations and timberland acquisitions produced solid year-over-year increases in company revenues and Adjusted EBITDA for the 12-month period ended December 31, 2015. Full-year 2015 operating highlights included:
Increased revenues to $69.1 million, a 27% gain over full-year 2014. Increased Adjusted EBITDA to $32.2 million, a 36% increase over full-year 2014. Increased total harvest volumes to 1.84 million tons from 1.37 million tons in 2014.  ... More