Earnings ·
Clearwater Paper reports Q3 net loss of $2M and CFO Sherri Baker to resign
CLWClearwater Paper Corp
Clearwater Paper reported a third-quarter net loss of $2 million, or $0.10 per diluted share, compared to a $53 million loss in the prior-year period. Net sales fell 3% to $385 million due to lower market pricing, while adjusted EBITDA from continuing operations rose to $24 million from $18 million, aided by the timing of maintenance at the Lewiston facility and insurance proceeds. The company also announced that Senior Vice President and Chief Financial Officer Sherri Baker will resign effective November 13, 2026. Clearwater Paper is a premier independent supplier of bleached paperboard to North American converters.