Neenah: 4Q Earnings Snapshot

Posted at 8:50 AM, Feb 12, 2019
and last updated 2019-02-12 08:50:32-05

ALPHARETTA, Ga. (AP) — Neenah Paper Inc. (NP) on Tuesday reported fourth-quarter earnings of $12.9 million.

The Alpharetta, Georgia-based company said it had net income of 76 cents per share. Earnings, adjusted for asset impairment gains and gains related to mergers and acquisitions, came to 53 cents per share.

The paper producer posted revenue of $240.9 million in the period.

For the year, the company reported profit of $36.4 million, or $2.12 per share. Revenue was reported as $1.03 billion.

Neenah shares have risen 18 percent since the beginning of the year. The stock has decreased 18 percent in the last 12 months.


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