AP NEWS

Neenah: 2Q Earnings Snapshot

August 7, 2018

ALPHARETTA, Ga. (AP) _ Neenah Paper Inc. (NP) on Tuesday reported a second-quarter loss of $4.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Alpharetta, Georgia-based company said it had a loss of 29 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, were $1.18 per share.

The paper producer posted revenue of $271.3 million in the period.

Neenah shares have declined slightly more than 2 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $88.45, a climb of 15 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NP at https://www.zacks.com/ap/NP

AP RADIO
Update hourly