Veritiv (VRTV) Tops Q1 EPS by $1.39; Guides FY EPS Higher

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Go back to Veritiv (VRTV) Tops Q1 EPS by $1.39; Guides FY EPS Higher

Veritiv Announces Record First Quarter 2022 Net Income, EPS, Adjusted EBITDA and Adjusted EBITDA Margin; Raises Guidance

May 9, 2022 8:00 AM EDT

First Quarter Financial Highlights

Net sales of $1.9 billion, an increase of 19.2% from prior yearNet Income and Diluted EPS of $78.5 Million and $5.12, respectivelyAdjusted EBITDA and Adjusted EBITDA Margin1 of $119.5 Million and 6.4%, respectivelyNet Leverage Ratio of 1.1x

ATLANTA, May 9, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business products, services and solutions, today announced financial results for the first quarter ended March 31, 2022.

"Double-digit sales growth and... More