Catchmark Timber Trust (CTT) Reports Q2 Loss of $0.07

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CatchMark Announces Strong Second Quarter Results

August 8, 2016 4:06 PM EDT

ATLANTA, Aug. 8, 2016 /PRNewswire/ -- Maintaining its growth strategy centered on high quality timberlands acquisitions and operations discipline to sustain long-term earnings, CatchMark Timber Trust, Inc. (NYSE: CTT) today reported strong year-over-year gains in revenues of 13%, an increase in net loss of 14%, and an increase in Adjusted EBITDA of 9% for the quarter ending June 30, 2016.

Second Quarter Earnings HighlightsCompany highlights for the second quarter 2016... More