Clearwater Paper (CLW) Tops Q2 EPS by 23c

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Go back to Clearwater Paper (CLW) Tops Q2 EPS by 23c

Clearwater Paper Reports Second Quarter 2020 Results

August 4, 2020 4:05 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the second quarter and first six months of 2020.

SECOND QUARTER HIGHLIGHTS

Delivered strong performance due to continued elevated demand for tissue products and solid operational execution
Net income of $23 million, or $1.36 per diluted share, and Adjusted EBITDA of $79 million
Net debt reduction of over $100 million and liquidity improved to $264 million

"We continue... More