Clearwater Paper (CLW) Tops Q3 EPS by 11c

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Clearwater Paper Reports Third Quarter 2021 Results

November 2, 2021 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 third quarter of 2021.

THIRD QUARTER HIGHLIGHTS

Net income of $2 million, or $0.11 per diluted share Adjusted EBITDA of $50 million Reduced net debt by $7 million in the quarter and $32 million for the first nine months of 2021 Closed Neenah, Wisconsin tissue facility Completed planned major maintenance at Cypress Bend, Arkansas facility Tissue demand recovery and paperboard price... More