Schweitzer-Mauduit: 2Q Earnings Snapshot
ALPHARETTA, Ga. (AP) _ Schweitzer-Mauduit International Inc. (SWM) on Wednesday reported second-quarter net income of $25.8 million.
On a per-share basis, the Alpharetta, Georgia-based company said it had net income of 83 cents. Earnings, adjusted for non-recurring costs, were 99 cents per share.
The paper and reconstituted tobacco company posted revenue of $270.4 million in the period.
Schweitzer-Mauduit shares have fallen roughly 9 percent since the beginning of the year. The stock has climbed almost 7 percent in the last 12 months.