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Last $0.78 USD
Change Today -0.078 / -9.07%
Volume 200.8K
VRS On Other Exchanges
New York
As of 8:04 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

verso corp (VRS) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/25/14 - $3.82
52 Week Low
05/27/15 - $0.78
Market Cap
Average Volume 10 Days
Shares Outstanding
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 and Senior Vice Presi...
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 Reports Earnings Results for the First Quarter Ended March 31, 2015

Verso Corporation reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of $806 million compared to $299 million a year ago. Operating loss was $56 million compared to $47 million a year ago. Net loss was $122 million compared to $91 million a year ago. Adjusted EBITDA before pro forma effects of the profitability program of $44 million, compared to $35 million in the first quarter of 2014. Net sales increased $507 million, or 170%, due primarily to the addition of net sales resulting from the NewPage acquisition, compared to the first quarter of 2014.

Verso Corporation to Report Q1, 2015 Results on May 19, 2015

Verso Corporation announced that they will report Q1, 2015 results at 9:00 AM, US Eastern Standard Time on May 19, 2015

Verso Corporation, Q1 2015 Earnings Call, May 19, 2015

Verso Corporation, Q1 2015 Earnings Call, May 19, 2015


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VRS:US $0.78 USD -0.078

VRS Competitors

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Company Last Change
Cascades Inc C$7.72 CAD +0.11
Clearwater Paper Corp $60.89 USD +0.43
Metsa Board OYJ €5.76 EUR +0.01
Neenah Paper Inc $60.89 USD +0.51
PH Glatfelter Co $23.44 USD +0.36
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Price/Earnings NM Not Meaningful
Price/Sales 0.0x
Price/Book NM Not Meaningful
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TEV/Sales NM Not Meaningful

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