Clearwater Paper delivered a strong third quarter, with net sales of $399 million, an increase from the previous year. However, the company reported a net loss of $53.3 million, primarily due to a significant non-cash goodwill impairment charge of $48 million. Adjusted EBITDA from continuing operations decreased to $17.8 million, impacted by a major maintenance outage and reduced sales prices, partially offset by higher sales volumes and cost reduction efforts.
Clearwater Paper delivered a strong second quarter in 2025, with net sales increasing to $392 million from $344 million in the prior year. The company reported net income of $4 million, a significant improvement from a net loss of $42 million in Q2 2024. Adjusted EBITDA also saw a substantial increase to $40 million, up from a negative $9 million in the same period last year, primarily due to higher sales volume from the Augusta facility, favorable timing of maintenance outages, and cost reduction efforts.
Clearwater Paper Corporation reported a net loss of $6.3 million for the first quarter of 2025, a decrease from a net income of $17.2 million in the same period last year. Net sales increased significantly by 46% to $378.2 million, primarily driven by higher sales volume from the Augusta operations acquisition. The company's gross margin improved by 10%, attributed to better operating performance and cost reduction efforts.
Clearwater Paper reported a transformational year in 2024, marked by the acquisition of the Augusta, Georgia paperboard facility and the divestiture of its tissue business. The company's fourth-quarter net income significantly increased to $199.1 million, primarily due to a $307.2 million gain on the sale of its tissue division, despite lower sales prices and higher maintenance costs.
Clearwater Paper reported net sales from total operations of $644 million, up 24% from the third quarter of last year. Net income from total operations was $6 million, or $0.35 per diluted share, compared to $37 million, or $2.17 per diluted share in the third quarter of last year. Adjusted EBITDA from total operations was $64 million compared to $81 million in the third quarter of last year.
Clearwater Paper reported a net loss of $26 million for Q2 2024, compared to a net income of $30 million in Q2 2023. Net sales increased by 12% to $586 million, primarily driven by incremental sales volume from the Augusta acquisition. Adjusted EBITDA was $35 million, down from $71 million in the same period last year due to the impact of planned major maintenance.
Clearwater Paper reported net sales of $496 million, a 6% decrease compared to the first quarter of last year. Net income was $17 million, or $1.02 per diluted share. The company's performance was driven by lower input costs and continued strength in tissue, despite a severe weather event disrupting production at the Lewiston site.
Clearwater Paper reported a net income of $18 million for Q4 2023, a significant increase compared to the net loss in Q4 2022. Adjusted EBITDA was $63 million. Net sales were $513 million, down 3% from Q4 2022. The company reduced net debt by $32 million and repurchased $3 million of outstanding shares.
Clearwater Paper reported net sales of $520 million, a 3% decrease compared to the third quarter of last year. Net income was $37 million, or $2.17 per diluted share. The company reduced net debt by $69 million in the quarter and repurchased $5 million of outstanding shares.
Clearwater Paper reported net sales of $525 million and a net income of $30 million, or $1.75 per diluted share. Adjusted EBITDA was $71 million. The company reduced net debt by $25 million and repurchased $8 million of outstanding shares.
Clearwater Paper reported net sales of $525 million, an 8% increase compared to the first quarter of 2022. Net income for the first quarter of 2023 was $24 million, or $1.40 per diluted share.
Clearwater Paper Corporation reported fourth quarter 2022 financial results, which were impacted by operational and weather-related issues. Net sales increased by 8% compared to the fourth quarter of 2021, but the company experienced a net loss of $6 million. Despite the challenges in the fourth quarter, the company delivered strong performance for the full year due to robust demand for paperboard products.
Clearwater Paper reported strong Q3 2022 results, exceeding expectations with robust volumes, pricing, and operational performance. Net sales increased by 20% to $539 million, and net income reached $21 million, or $1.21 per diluted share. Adjusted EBITDA was $77 million. The company continued to reduce net debt, with nearly $106 million reduced year to date.
Clearwater Paper reported net sales of $526 million, a 30% increase compared to the second quarter of last year. Net income for the second quarter of 2022 was $15 million, or $0.86 per diluted share. Adjusted EBITDA for the quarter was $63 million.
Clearwater Paper reported a strong first quarter in 2022, exceeding expectations due to strong operational execution and improved pricing in both the paperboard and tissue businesses. Net sales increased by 15% to $488 million, and net income was $17 million, or $0.97 per diluted share.
Clearwater Paper Corporation reported Q4 2021 financial results with net sales of $490 million, up 8% compared to Q4 2020. Net income was $10 million, or $0.56 per diluted share. The company delivered strong paperboard sales and greater stability in tissue demand.
Clearwater Paper reported net sales of $450 million, a 2% decrease compared to Q3 2020. Net income was $2 million, or $0.11 per diluted share, compared to $21 million, or $1.28 per diluted share in Q3 2020. Adjusted EBITDA was $50 million, compared to $77 million in the same quarter last year.
Clearwater Paper reported a net loss of $52 million, or $3.10 per diluted share, compared to net income of $23 million, or $1.36 per diluted share, for the second quarter of 2020. Adjusted EBITDA for the quarter was $15 million, compared to $79 million in the second quarter of 2020. The company successfully completed planned major maintenance at the Lewiston, Idaho facility and announced the closure of the Neenah, Wisconsin tissue facility.
Clearwater Paper reported net sales of $426 million, a decrease of 11% compared to the first quarter of 2020. Net income was $12 million, or $0.71 per diluted share. Adjusted EBITDA for the quarter was $54 million.
Clearwater Paper Corporation reported a strong fourth quarter and year-end 2020, driven by elevated demand for tissue products and solid operational execution. The company achieved a net income of $23 million, or $1.34 per diluted share, and net sales of $453 million, up 4.0% compared to the fourth quarter of 2019.
Clearwater Paper reported net sales of $457 million, a 3% increase compared to the third quarter of 2019. Net income was $21 million, or $1.28 per diluted share, compared to a net loss of $11 million, or $0.66 per diluted share, for the third quarter of 2019. Adjusted EBITDA for the quarter was $77 million, compared to $32 million in the third quarter of 2019.
Clearwater Paper reported a strong second quarter with a record Adjusted EBITDA driven by elevated tissue demand, stable paperboard performance, and lower input costs. Net income was $23 million, and the company reduced net debt by over $100 million.
Clearwater Paper reported net sales of $478 million, an 11% increase compared to the first quarter of 2019. Net income was $10 million, or $0.62 per diluted share, compared to $4 million, or $0.23 per diluted share in the prior year. Adjusted EBITDA for the quarter was $55 million, compared to $40 million in the first quarter of 2019.
Clearwater Paper reported a net income of $2 million, or $0.12 per diluted share, for the fourth quarter of 2019. Net sales for the quarter were $436 million, up from $429 million in the fourth quarter of 2018. Adjusted EBITDA for the fourth quarter of 2019 was $52 million compared to $47 million for the fourth quarter of 2018.