Veritiv (VRTV) Misses Q3 EPS by 26c, Revenues Miss

Go back to Veritiv (VRTV) Misses Q3 EPS by 26c, Revenues Miss

Veritiv Announces Third Quarter 2019 Financial Results

November 5, 2019 8:00 AM EST

ATLANTA, Nov. 5, 2019 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a North American leader in business-to-business distribution solutions, today announced financial results for the third quarter ended September 30, 2019.

"Our consolidated third quarter results were highlighted by strong cash flow, as well as improved margins and Adjusted EBITDA in Packaging and Facility Solutions.  However, challenges in our Print segment negatively impacted our overall revenues and earnings," said Mary Laschinger, Chairman and CEO of Veritiv Corporation. "Given the year-to-date performance in Print, and our current outlook for the remainder of the year, we are lowering our... More