Clearwater Paper (CLW) Tops Q2 EPS by 23c
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Clearwater Paper Reports Second Quarter 2020 Results
August 4, 2020 4:05 PM EDTSPOKANE, 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 executionNet 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
