Neenah Paper (NP) Tops Q2 EPS by 5c, Revenues Miss

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Neenah Reports Second Quarter 2018 Results

August 7, 2018 4:35 PM EDT

ALPHARETTA, Ga., Aug. 7, 2018 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today reported 2018 second quarter results.

Second Quarter Highlights

Revenues increased 9 percent to a record $271.3 million compared with $248.7 million in the prior year. A loss per diluted common share (E.P.S.) of $0.29, which included $1.47 per share of adjusting items, compared with earnings of $1.46 per share in 2017. The adjusting items in 2018 were comprised of non-cash costs for impairment related to the planned sale of the Brattleboro mill and associated facilities, a settlement charge related to withdrawing... More