Neenah: 2Q Earnings Snapshot
ALPHARETTA, Ga. (AP) _ Neenah Paper Inc. (NP) on Tuesday reported second-quarter net income of $13.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Alpharetta, Georgia-based company said it had profit of 80 cents. Earnings, adjusted for non-recurring costs, came to 95 cents per share.
The paper producer posted revenue of $253.4 million in the period.
Neenah shares have risen 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.96, a drop of 30% in the last 12 months.