Veritiv (VRTV) Misses Q1 EPS by 23c

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Veritiv Announces First Quarter 2016 Financial Results

May 10, 2016 8:03 AM EDT

ATLANTA, May 10, 2016 /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, 2016.

"Veritiv is off to a good start in 2016, with first quarter Adjusted EBITDA increasing more than 20% year-over-year despite the continuing economic softness and currency headwinds impacting our top line performance," said Mary Laschinger, Chairman and CEO of Veritiv Corporation. "In the face of market pressures and the increasing complexity of our integration efforts, our team maintained focus on positioning Veritiv to... More