Clearwater Paper (CLW) Misses Q1 EPS by 18c
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Clearwater Paper Reports First Quarter 2021 Results
May 5, 2021 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 first quarter of 2021.
FIRST QUARTER HIGHLIGHTS
Net income of $12 million, or $0.71 per diluted share Adjusted EBITDA of $54 million Reduced net debt by $21 million Strong demand for paperboard productsBoth of our businesses performed well in the first quarter, despite some headwinds. For paperboard, we experienced strong demand and robust backlogs. The tissue business saw a... More
