Adjusted EPS of $0.06 per share; Cash from Operating Activities of $19.6 million
Third Quarter Highlights — Earnings per share were $0.10 versus a loss of $(0.04) per share in the prior year period. — Adjusted EBITDA was $155.1 million, 17.1% higher than the prior year period. — Excluding alternative fuel tax credits, operating cash flow increased $74.9 million versus the prior year period. — Net Debt reduced by $113.6 million during the quarter.
Cascades Inc. (CAS on the Toronto stock exchange), a leader in recovery and the manufacturing of green packaging and tissue paper products, announces its financial results for the three months ended September 30, 2009.
The E.W. Scripps Company (NYSE:SSP) reported a net loss from continuing operations of $3.5 million, or 7 cents per share, in the third quarter of 2009, compared with a net loss from continuing operations of $3.1 million, or 6 cents per share, in the 2008 quarter. In an environment of declining revenues, disciplined expense management enabled the company to generate positive segment profit in all three of its operating divisions during the quarter.
Third Quarter 2009 Highlights — Total reported revenues were $144.9 million, a 15.0% decline compared to the prior year.
ECRM today announced their primary facility has been certified by their internationally recognized registrar, QMI-SAI Global for compliance with the ISO 9001:2008 standards.
Neenah Paper, Inc. (NYSE:NP) today announced the Company had successfully renewed its North American senior secured credit facility. The existing facility was set to expire in November 2010.
