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Reports 2Q net sales of $2.2 billion, net loss of $10.6 million.
August 10, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Veritiv Corporation announced financial results for the second quarter ended June 30, 2018. For the three months ended June 30, 2018, compared to the three months ended June 30, 2017, net sales were $2.2 billion, an increase of 7% from the prior year. Net loss was $10.6 million, compared to net loss of $9.1 million in the prior year. Adjusted EBITDA was $45.4 million, an increase of 6.8% from the prior year. Adjusted EBITDA as a percentage of net sales was 2.1%, unchanged from the prior ...
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