Verso Paper (VRS) Reports Q2 Revenues Miss; Offers 3Q Revenue Outlook Above Consensus
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Verso Corporation Reports Second Quarter 2018 Financial Results
August 8, 2018 6:30 AM EDTMIAMISBURG, Ohio, Aug. 8, 2018 /PRNewswire/ --Â Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2018.
Second Quarter 2018 Highlights:
Net sales up $59 million versus second quarter 2017, a 10% increase Net income of $1 million, up $50 million versus second quarter 2017 Adjusted EBITDA up $55 million versus second quarter 2017 Last 12 months trailing Adjusted EBITDA of $204 million Net debt down $153 million from one year priorOverview
"Verso had a strong second quarter with solid year-over-year... More
