VRS - Earnings announcements

MIAMISBURG, Ohio, Feb. 28, 2022 /PRNewswire/ -- Verso Corporation (NYSE:VRS) today reported financial results for the fourth quarter and full year of 2021. Fourth Quarter 2021 Highlights: Net sales of $328 million, a 4% increase over fourth quarter 2020 and a 3% decrease over third quarter 2021 Net income of $13 million compared to a net loss of $90 million in the fourth quarter of 2020 and net income of $58 million in the third quarter 2021 Adjusted EBITDA of $74 million compared to $9 million in the fourth quarter of 2020 and $67 million in the third quarter of 2021Overview"Thanks to the efforts of the Verso team, Verso delivered excellent safety results and solid financial performance in

MIAMISBURG, Ohio, Feb. 21, 2022 /PRNewswire/ -- Verso Corporation (NYSE:VRS) today announced that it will release its fourth quarter and full year 2021 financial results before the market opens on February 28, 2022. As announced on December 19, 2021, Verso has entered into a definitive merger agreement under which BillerudKorsnäs AB ("BillerudKorsnäs") has agreed to acquire all of the outstanding shares of Verso for a purchase price of $27.00 per share in cash. The proposed transaction is subject to the approval of Verso stockholders and the satisfaction of customary closing c

MIAMISBURG, Ohio, Nov. 5, 2021 /PRNewswire/ -- Verso Corporation (NYSE:VRS) today reported financial results for the third quarter of 2021 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending December 31, 2021, in the amount of $0.10 per each outstanding share of Verso's Class A common stock. The quarterly cash dividend is payable on December 29, 2021 to Verso's stockholders of record holding shares of common stock at the close of business December 17, 2021. Third Quarter 2021 Highlights: Net sales of $339 million, an 11% increase over third quarter 2020 and a 3% increase over second quarter 2021 Net income of $58 million compared to a net l

MIAMISBURG, Ohio, Oct. 28, 2021 /PRNewswire/ -- Verso Corporation (NYSE:VRS) today announced that it will host a conference call and webcast for analysts and investors on Friday, November 5, 2021 at 9 a.m. (EST) to discuss third quarter 2021 financial results. Analysts and investors may access the live conference call only by dialing 888-317-6003 (U.S. toll-free), 866-284-3684 (Canada toll-free) or 412-317-6061 (international) and referencing elite entry number 1707105 and Verso Corporation. To register, please dial in 10 minutes before the conference call begins. The news release and third quarter 2021 results will be available on Verso's website at http://investor.versoco.com by navigating

MIAMISBURG, Ohio, Aug. 6, 2021 /PRNewswire/ -- Verso Corporation (NYSE:VRS) today reported financial results for the second quarter of 2021 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending September 30, 2021, in the amount of $0.10 per each outstanding share of Verso's Class A common stock. The quarterly cash dividend is payable on September 28, 2021 to Verso's stockholders of record holding shares of common stock at the close of business September 17, 2021. Second Quarter 2021 Highlights: Net sales of $329 million, a 23% increase over second quarter 2020 and 17% increase over first quarter 2021 Net income of $16 million compared to a ne

MIAMISBURG, Ohio, July 27, 2021 /PRNewswire/ -- Verso Corporation (NYSE:VRS) today announced that it will host a conference call and webcast for analysts and investors on Friday, August 6, 2021 at 9 a.m. (EST) to discuss second quarter 2021 financial results. Analysts and investors may access the live conference call only by dialing 888-317-6003 (U.S. toll-free), 866-284-3684 (Canada toll-free) or 412-317-6061 (international) and referencing elite entry number 1830797 and Verso Corporation. To register, please dial in 10 minutes before the conference call begins. The news release and second quarter 2021 results will be available on Verso's website at http://investor.versoco.com by navigating