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Last $1.33 USD
Change Today -0.07 / -5.00%
Volume 421.8K
VRS On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

verso corp (VRS) Snapshot

Open
$1.42
Previous Close
$1.40
Day High
$1.47
Day Low
$1.31
52 Week High
07/25/14 - $3.82
52 Week Low
04/22/15 - $1.30
Market Cap
108.6M
Average Volume 10 Days
577.6K
EPS TTM
$-4.13
Shares Outstanding
81.6M
EX-Date
03/5/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VERSO CORP (VRS)

verso corp (VRS) Related Businessweek News

No Related Businessweek News Found

verso corp (VRS) Details

Verso Corporation manufactures and supplies coated papers in the United States. The company offers coated groundwood paper used for catalogs and magazines; and coated freesheet paper used primarily for annual reports, brochures, and magazine covers. It also provides northern bleached hardwood kraft pulp, which is used to manufacture printing and writing paper grades, and tissue products; recycled paper for specific customer requirements; and customized product solutions by producing paper grades with customer-specified weight, brightness, and pulp mix characteristics. In addition, the company offers ultra-lightweight uncoated printing papers, and ultra-lightweight coated and uncoated flexible packaging papers. It serves catalog, magazine, insert, and commercial printing markets through direct sales, commercial printers, paper merchants, and brokers. The company was formerly known as Verso Paper Corp. and changed its name to Verso Corporation in January 2015. Verso Corporation was founded in 2006 and is headquartered in Memphis, Tennessee.

1,630 Employees
Last Reported Date: 03/10/15
Founded in 2006

verso corp (VRS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.3M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $732.6K
Senior Vice President of Manufacturing & Ener...
Total Annual Compensation: $770.4K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $606.4K
Senior Vice President of Sales, Marketing & P...
Total Annual Compensation: $701.9K
Compensation as of Fiscal Year 2014.

verso corp (VRS) Key Developments

Verso Corporation Introduces New Coated Web Product Lineup

Verso Corporation introduced its new coated web product lineup, unmatched by any other North American supplier. Verso offers a breadth of quality coated web brands, including No. 2, No. 3 and No. 4 grades in coated freesheet and coated groundwood, as well as supercalendered SCA+ and SCA grades. Verso's lineup includes some of the most distinguished paper brands in the industry, such as Sterling(r) Ultra, ArborWeb Plus(r), Influence(r), ArborWeb(r) and Liberty(r), as well as two new brands, Focus(TM) and Balance(TM). Verso's two new brands, Focus(TM) and Balance(TM), will be produced to the same high standards as its other distinguished brands. Focus(TM), a No. 3 coated groundwood paper, is one of the best values in its category, offering cost savings without compromising performance, brightness or image reproduction. It delivers great appearance and value for quality-conscious commercial printing, catalog and magazine applications. Balance(TM), a No. 4 coated groundwood product, is a highly versatile and refined paper, striking the optimal combination of brightness, printability and cost. It is the perfect choice for special edition publications and is a brighter, whiter alternative to a typical No. 5 product.

Verso Corporation Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014

Verso Corporation Reports earnings results for the Fourth Quarter and Year Ended December 31, 2014. For the quarter, the company reported net sales were $326.357 million against $350.418 million a year ago. Operating loss was $144.752 million against operating profit of $18.864 million a year ago. Loss before income taxes was $186.350 million against $20.588 million a year ago. Net loss was $183.948 million against $20.006 million a year ago. LBITDA was $134.2 million against EBITDA of 39.8 million a year ago. For the year, the company reported net sales were $1,296.613 million against $1,388.899 million a year ago. Operating loss was $174.717 million against operating profit of $33.900 million a year ago. Loss before income taxes was $355.944, million against $111.768 million a year ago. Net loss was $352.955 million against $111.206 million a year ago. LBITDA was $122.7 million against EBITDA of 130.7 million a year ago. Adjusted EBITDA was $107.6 million against 176.2 million a year ago. The company reported fixed asset and other impairment charges of $102.6 million in the fourth quarter of 2014.

Verso Corporation to Report Q4, 2014 Results on Mar 06, 2015

Verso Corporation announced that they will report Q4, 2014 results at 11:00 AM, GMT Standard Time on Mar 06, 2015

 

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VRS:US $1.33 USD -0.07

VRS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Clearwater Paper Corp $64.38 USD +0.21
Neenah Paper Inc $61.54 USD +0.54
PH Glatfelter Co $25.46 USD -0.02
Schweitzer-Mauduit International Inc $45.62 USD +0.16
Wausau Paper Corp $9.31 USD +0.23
View Industry Companies
 

Industry Analysis

VRS

Industry Average

Valuation VRS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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